Tag: Health care consumerism
The new reality of patient-as-payer
September 29, 2020Guest Commentary
In theory, health care consumerism is a straight-forward idea: Shifting costs to consumers, typically in the form of high-deductible health plans (HDHPs), gives them an incentive to make informed decisions about the health care services they purchase.
In practice, consumerism represents a significant challenge to providers' bottom lines. A recent report reveals that for 74% of providers, patient collections take over a month. Further, 66% of providers said patient receivables are a primary...
The new reality of patient-as-payer
September 18, 2020HME News Staff
LillianPhelpsSteveIngel.jpg
In theory, health care consumerism is a straight-forward idea: Shifting costs to consumers, typically in the form of high-deductible health plans (HDHPs), gives them an incentive to make informed decisions about the health care services they purchase.
In practice, consumerism represents a significant challenge to providers' bottom lines. A recent report reveals that for 74% of providers, patient collections take over a month. Further, 66% of providers said patient...