Patient financial clearance helps provide a smooth patient experience while ensuring a better revenue cycle for the providers. However, this process can often feel like a burden, and, at times, can even create obstacles during care delivery. South County Urological in Missouri was facing similar issues before the workflow automation process changed the scenario. With […]
Tag: healthcare cost
A Brief Look at the 2022 MedPAC Recommendations
The Medicare Payment Advisory Commission (MedPAC) has recommended a 2 percent increase in the Medicare hospital reimbursement rates in 2022 in its annual March report to Congress. There have been no changes in physician rates. According to data from 2019, the most recent year for which MedPAC has complete data, hospitals have modestly improved access […]
The Journey of Employer Sponsored Health Insurance
Health Insurance – The Start in 1930 Private health insurance arrived in the US as early as 1930. Blue Cross and Blue Shield plan made a way for private insurers to start working on their customized health insurance plans to meet the healthcare needs of a growing market across the country. However, at this stage, […]
5 Possible Reasons for Soaring Healthcare Cost in the U.S.
The United States has one of the highest healthcare costs in the world. With time it shows no signs of slowing down, and it seems that the trend will continue in the upcoming years. A recent report from the Health Affairs showed that the health expenditures of the country are likely to increase at an […]
How to Pick a Health Insurance Plan
Choosing a health insurance plan is not a very simple task. Several people spend days researching on the plans and yet, remain uncertain if they have selected the perfect plan. As per the experts, choosing a health insurance plan is tricky, if not complicated. However, 3 things can help you in this process. Let’s take […]
Why Healthcare is So Expensive in the U.S.
The cost of healthcare continues to rise, while the quality of care continues to experience a decline. Gaps in Care are getting larger and they are mostly associated with the increasing out of pocket cost. The rise in healthcare pricing is responsible for depression in individual spending power over the last few decades. A person, […]