The Impact of Inflation on Healthcare
Consumers’ ability to pay their out-of-pocket medical costs is an ongoing challenge, even causing one-third of Americans to delay or forego care. Rising inflation is bringing healthcare affordability front-and-center with healthcare executives. According to a recent Gallup poll, 32% of Americans surveyed said inflation or the high cost of living is the most important financial problem their family faces. But there are solutions that benefit both consumers as well as healthcare providers themselves.
In this videocast, ClearBalance HealthCare® President and CEO Bruce Haupt is joined by KLAS Research President Taylor Davis to talk about the opportunity healthcare organizations have to create a better patient financial experience. “Patient financing services and technology are critically needed in healthcare,” Davis says. “They improve financial outcomes for the health system and the experience for patients.”