Price Transparency to Digital Billing, Unlocking Financial Experience
Carilion Clinic has had all of its pricing information on its public website since January 1, 2021, the day HHS implemented a new hospital price transparency rule. Compliance with the new...Yale New Haven Health Streamlines Patient Billing Experience
Millions of patients present at Yale New Haven Health each year because they are sick, want to manage their chronic conditions, or simply have a healthcare-related need. With such a large volume of...How a Safety-Net Hospital Maintains a Patient-Centered Revenue Cycle
In the Hudson Valley is Montefiore St. Luke’s Cornwall Hospital. The non-profit, safety-net hospital serves more than 270,000 patients residing in the area and hospital leaders have made...Hospital Uncompensated Care Costs Grew to $41.61B in 2019
Hospital uncompensated care costs increased right before the COVID-19 pandemic hit, according to new data from the American Hospital Association (AHA). AHA data showed that hospitals incurred a new...3 Key Steps for Hospital Price Transparency Compliance
CMS now requires US hospitals to post a list of their standard charges, including rates negotiated with private payers, on a publicly available website in both machine-readable and consumer-friendly...Providers Overhauling Patient Collections Strategies For COVID-19
The COVID-19 pandemic has had a significant impact on patient collections strategies, according to a new survey from the Healthcare Financial Management Association (HFMA). In the survey of HFMA...Baptist Memorial Health Care Enhances Patient Collections with IVR
Giving patients the option to pay medical bills how they want to has become increasingly key to optimizing patient collections. Patients already owe more out of pocket for their healthcare than ever...Top Ways to Improve Collection of Patient Financial Responsibility
As the cost of healthcare continues to rise and patients increasingly owe more for their care, providers are finding that collecting patient financial responsibility is becoming one of their biggest...Hospitals Can Sell Patient Bad Debt to Charitable Orgs, OIG Says
Charitable organizations like RIP Medical Debt can purchase patient bad debt directly from hospitals and other providers, according to a recent advisory opinion from HHS’ Office of the Inspector...Sponsored by Zotec Partners
Optimizing Self-Pay Collection to Aid Patients, Revenue During COVID-19
Healthcare is the industry most at-risk during the coronavirus (COVID-19) pandemic. Providers are on the front lines of response efforts. At the same time, the financial implications of the pandemic...Healthcare Revenue Cycle Recovery After the COVID-19 Pandemic
Halfway through 2020, hospitals have been doing the unimaginable. Patients have been asked to avoid healthcare facilities when possible, while more visits have been done via smartphones and laptops than in exam rooms. Meanwhile, some...Estimate Shows Uninsured Population Rising by 2.9M By End of 2020
Approximately 31.5 million individuals will be uninsured by the end of the year, largely stemming from job losses related to the COVID-19 pandemic, according to new estimates from the Urban...Sponsored by Zotec Partners
Mobile Tech Key to Patient Financial Experience During COVID-19
COVID-19 has radically changed and impacted nearly every aspect of our daily lives. From social distancing and self-quarantines to employment and home stability, the pandemic is forcing everyone to...Sponsored by CarePayment
Strategies for Re-engaging with the Patient Financial Experience
Healthcare organizations have worked diligently to care for employees and patients during the COVID-19 pandemic. As healthcare workers and local governments continue to work to flatten the curve and...Adapting Patient-Friendly Medical Billing to a COVID-19 World
Patient financial responsibility has been impacting the hospital revenue cycle far before the world knew what COVID-19 was. But the unprecedented public health crisis has shed new light on...Sponsored by CarePayment
Redefining Patient Collections in the Wake of the COVID-19 Crisis
Consumerism continues to be one of the top factors impacting healthcare and patient collections. The widening affordability gap and the rise in high-deductible health plans have pushed patients to...Patient Collections Takes Over a Month for Most Providers
Patient collections takes more than a month for 74 percent of healthcare providers, according to the 10th edition of the Trends in Healthcare Payments Annual Report. The report released Tuesday by...Sponsored by Experian Health
Mitigating the Risk of Uncompensated Care to the Revenue Cycle
Despite a tentative dip in the wake of the Affordable Care Act, the number of uninsured Americans seems to be creeping back up. The latest figures from the US Census Bureau report suggest an additional...Sponsored by CarePayment
Identifying a Patient Collections Solution for COVID-19 and Beyond
Priority one for all healthcare organizations is to ensure the safety and care of employees and patients during this unprecedented health crisis. But, COVID-19 has also brought a financial tsunami to...Sponsored by Experian Health
