Zelis highlights, through a recent survey, how employers, payers, and consumers are integrating digital tools to manage healthcare costs. The findings provide a comprehensive view of the healthcare financial landscape, bringing together stakeholder perspectives, priorities and the opportunities to address them.
Organizations that meet patients where they are financially, digitally, and emotionally are the ones best positioned to support patients in managing their bills while strengthening trust, satisfaction, and long-term loyalty.
In an interview, Kyan Health Co-Founder and Chief Commercial Officer Konstantin Struck discussed how Kyan gives mid-market and enterprise employers access to premium workforce mental healthcare, at a price point that is affordable.
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About 45% of patients have missed or forgotten to pay medical bills because of challenges they experienced in communicating with their provider, a survey from Artera found. Another 43% of patients said that these communication issues negatively affected their health.
Chronic conditions cause medical debt in U.S. households across all income levels, according to a new report. Medical debt has frequently been associated with cancer and, more recently, diabetes treatment, but there are other chronic conditions that contribute significantly to medical bills — such as heart disease, asthma, anxiety and lung disease.
The number of families reporting problems paying medical bills decreased between 2011 and 2018, according to a survey published by the Centers for Disease Control in February. But more than 14% of individuals still said their families had problems paying bills in the last year.
Healthcare payments are no longer about transactions. It’s about controlling the revenue cycle. And increasingly, that control is not sitting with ISOs.
Medical billing has been an area where healthcare startups see an opportunity to make the process more consumer friendly but while some have gained traction others, such as Remedy Labs, have had to shut down.
Vericred, a healthcare data services startup based in New York City, is now offering a provider-network notification service.
Health savings accounts allow people to put aside money tax-free for medical expenses. The House Republican plan proposes to nearly double the HSA contribution limits to $6,550 for individuals and $13,100 for families.
For many consumer goods, price can be a good proxy for quality. But in health care, there is “limited evidence that higher prices are associated with higher quality or better health outcomes,” according to the study.
By reducing administrative burden and redesigning workflows around human needs, it creates space for what matters most: connection between clinicians and patients.
Although its core business is revenue cycle staffing, it also provides other services such as patient access specialists, certified coders, and denial management specialists, among others.