By Matthew J. Hawkins – As patients assume responsibility for larger portions of their healthcare bills, they are looking to healthcare providers to clearly outline how much they owe and make it easy to pay.
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By David Shelton – One of the most difficult conversations that takes place in a hospital doesn’t always occur between a physician and patient. It happens between the patient and registration staff, wrapped around the question, “how are you going to pay for your visit today?”
Patients are now payers, responsible for a substantial amount of your revenue. Have you addressed this shift—or are you still working to develop the optimal patient payment strategy?
Waystar™, the combination of Navicure® and ZirMed® revenue cycle technologies, announced findings from its second annual Patient Payment Check-Up™ Survey, conducted by HIMSS Analytics.
By Blair Jeffery – While the benefits of electronic transactions for health-care payments—reduced operating costs, efficient processing, enhanced reliability, and strengthened security—are widely acknowledged, the health-care industry has faced many challenges keeping pace with standard electronic-payment adoption rates.
By Kathy Kuhn – Patient payments are a vital part of revenue cycle management, but when patients fail to take financial responsibility, doctors and their practices take a hard hit.
By Crystal Ewing – Hospitals and physician groups are facing what is perhaps the greatest recent challenge to their bottom lines—the growing portion of the medical bill that is charged to patients.
By Sarianne Gruber – High Deductible Health Plans (HDHPs) essentially shift financial accountability to consumers. Based on recent statistics, there has been a ten-fold increase in the past 7 years of people having insurance coverage with these programs.