Billing and Collections
Making the process more palatable for consumers can help to avoid revenue leakage and lawsuits.
Sunny Grewal, co-founder and COO of startup OMNY Health, whose distributed ledger tech was the top pick at the "Shark Tank"-like competition, explains the untapped value of supply chain data.
Technology can improve internal communications to maximize reimbursement and avoid billing errors.
Communicating a patient's financial responsibility and getting a handle on data can make business run more smoothly and helps retain patients.
Following adoption of the legislation, the number of physicians in provider networks increased by 16%.
Users can search for the price of a procedure at providers in their area and then book an appointment through the app.
The chance of a surprise bill was more than 90% in 15% of the hospitals studied, and for ED visits it was even more.
Deo Dumaraos, CEO of Syncmed Informatics, discusses how his company's niña health app fuses together health baselines with daily habits of patients to generate preventive programs that help reduce health insurance utilization and costs.
More than 70% of Virginia hospitals that garnish wages are nonprofit, and the money collected is only a tiny percentage of revenue.
Patients saw increases of up to 12% in their out-of-pocket responsibilities for inpatient, outpatient and ED care in 2018.