Our take — and impressions from others — about healthcare revenue cycle, patient financing trends and the patient pay experience.
Feb. 18, 2011 — A recent survey gives a glimpse into how difficult it has become for providers to collect money not only from uninsured patients, but also from balance-after-insurance patients as well. The survey, conducted by the Delaware Valley Healthcare Council, showed that for patients with coverage, bad debt has increased by a staggering 28%. Factors ...Read more
Feb. 10, 2011 — Helping patients deal with the rising cost of healthcare can have a huge effect on their selection of a healthcare provider. Consider the following: There has been increased shifting of costs to healthcare consumers, as evidenced by rapid growth in high-deductible health plans. According to a recent Kaiser Family Foundation/Health Research and ...Read more
Jan. 17, 2011 — The vast majority of hospitals — 97 percent — participating in HFMA’s most recent Healthcare Financial Pulse study reported an increase in self-pay receivables compared with the prior fiscal year. At more than one-third of these hospitals, the increase was 10 percent or greater. The study found that small hospitals were most ...Read more