Remove Medical Billing Remove Patient Experience Remove Trends
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Why Is So Much “Patient Experience” Effort Focused on Financial Experience?

Health Populi

Financial Experience (let’s call it FX) is the next big thing in the world of patient experience and health care. Patients, as health consumers, have taken on more of the financial risk for health care payments. From PYMNTS.com , an essay that makes it clear that payments are an integral part of the customer experience.

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Harnessing AI for Smarter Medical Billing Solutions

Healthcare IT Today

One area that has specifically benefited from AI integration is medical billing. This article examines how AI is changing medical billing. Challenges in Traditional Medical Billing Medical billing has long been plagued by inefficiencies, inaccuracies, and administrative bottlenecks.

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A Prescription for Change: A Path to Affordable, Equitable Healthcare

Healthcare IT Today

More than 40% of adults have medical debt, mainly affecting marginalized groups such as Black and Hispanic individuals, women, parents, and the uninsured. The financial burden of healthcare extends far beyond medical bills. Patients often face unexpected costs, such as deductibles, co-pays, and surprise medical bills.

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3 in 4 U.S. Patients Say the Healthcare System is Broken — But Technology Can Help

Health Populi

Note that patients falling into all four of these segments believe, in the words of Lavidge, that, “companies developing health care technology care more about making money than helping patients…All patients worry that a single medical bill could severely impact their financial security.”

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Major Gaps Still Exist Between Medical Billing Practices and Patient Preferences

Healthcare IT Today

For many years, patients have made it clear that they want their medical bills to be more predictable and more convenient. To be sure, providers have made some progress in that direction, but less than you might think.

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10 Healthcare Payment Trends in 2022

Mend

It can be difficult to keep up with the latest healthcare payment trends in a rapidly changing landscape. From new technology like artificial intelligence to an increase in value-based care, these healthcare payment trends will have a major impact on the industry. Trend #1: The Rise of Digital Health. View The eBook Now.

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The Patient As Payor: Workers Covered by Employer Health Insurance Spend 11.5% of Household Incomes on Premiums and Deductibles

Health Populi

of their household income on health insurance premiums and deductibles based on The Commonwealth Fund’s latest report on employee health care costs, Trends in Employer Health Coverage, 2008-2018: Higher Costs for Workers and Their Families. Workers covered by health insurance through their companies spend 11.5% This new year is a U.S.