SAN DIEGO, Jan. 27, 2020 – U.S. out-of-pocket healthcare spend, including consumer copayments, deductibles and spending not covered by insurance, was more than $375 billion in 2018, according to the Centers for Medicare & Medicaid Services (CMS). CMS projects 43 percent growth in patient out-of-pocket financial responsibility between now and 2027. Increasing consumer responsibility for … Continue reading “Patient Financing Moves from Nice to Have to Need to Have”
Tag: consumer-friendly patient loans
Hear April York of Novant Health present Making Care Affordable Without Sacrificing Financial Performance, Oct. 4 during the New Jersey HFMA Annual National Institute in Atlantic City. And be sure to stop by the ClearBalance booth to hear the latest results of the 3rd annual Healthcare Consumerism study.
Visit with ClearBalance representatives and get the results of the latest Healthcare Consumerism study during the Becker’s Health IT & Revenue Cycle Conference in Chicago.
Mosaic Life Care’s Deborah Vancleave and Vince Koch of ClearBalance will participate in SPARK sessions during the HFMA Region 8 Mid America Summer Institute. Catch their discussion, “Making Care Affordable Without Sacrificing Financial Performance,” Tuesday, Aug. 8, 1-1:30 p.m.
May 8, 2017 — Voted one of the nation’s best places to work in healthcare by Becker’s Hospital Review, Winston-Salem, North Carolina-based Novant Health operates with a mission of improving the health of communities, one person at a time. Novant Health is making a notable shift in its culture, looking to create a “Revenue Cycle … Continue reading “Novant Health’s Revenue Cycle Revolution”
SAN DIEGO, Aug. 17, 2015 – As more health systems consider consumer strategies to gain patient loyalty, an extremely successful tactic is to make care affordable. According to a new healthcare consumerism research project, 94 percent of patients said they would return to a healthcare facility that offers a loan program. And 93 percent said … Continue reading “Patient Loan Program Drives Loyalty for Healthcare Facilities”
SAN DIEGO, Dec. 18, 2013 — Providence Hospital now offers patients the opportunity to pay hospital bills through an interest-free loan program. The ClearBalance® program is an affordable option offering low monthly payments with terms of up to 48 months, no interest charges and no late fees. “Our commitment is to provide healthcare that is safe, … Continue reading “Providence Hospital Offers Interest-Free Loans to Patients”