Billing and Collections
While majority of experts testifying Wednesday said the industry is ready, some worry about its impact on physicians.
Senior debt level hits $200 million for the firm as demand for flexible payments among patients grows.
But new area of business intelligence does not come without challenges.
More than 50 percent of U.S. consumers across most household categories prefer self-service payment, yet healthcare adoption is stuck in the single digits. Here are 3 suggestions to help close this gap.
With some estimates putting patient financial responsibility as high as 30 or 35 percent, healthcare organizations should put patients at the center of their revenue cycle strategies.
Providers, consultants say organizations already have a vested interest in the changeover after several delays, having hired coders to avoid lost reimbursements if they don't make the switch.
The Affordable Care Act is too complicated, according to a panel at the National Health Policy Conference.
A move last year by Urology of Greater Atlanta to collect payments up front and establish an e-billing automatic payment plan has resulted in fewer surgeries but greater revenue.
Easy tests often allow patients to take them at home.
Let us know what you think about these two crucial hospital issues, and help us come up with questions for the experts.