2018 patient out-of-pocket costs increase 12%
A recent analysis found that about 59% of patients in 2018 had an average out-of-pocket expense between $501 and $1,000 during a healthcare visit. This was a dramatic increase from 39% in 2017.
Analysis: Why Walmart should be on your list of disrupters
A review of why Walmart should be on your list of disrupters.
Analysis: 8 steps to ensuring hospital mergers result in projected cost savings
HFMA’s Chad Mulvany reviews eight strategies management teams can take to achieve post-integration cost savings and increase the likelihood that mergers are successful.
Analysis: Groupon for healthcare services fills a void for consumer-focused pricing
It should be no surprise to U.S. healthcare providers that Groupons are available for healthcare services given the high cost of healthcare and lack of price transparency.
NFP hospital revenue growth tops expense growth for first time in three years: Moody’s
For 2018, one credit rating agency found not-for-profit hospitals’ revenues increased faster than expenses.
Analysis: Optum to empower its physicians via advanced analytics to improve care and coordinate referrals
Once OptumHealth links its physician network to data it gleans from its data analytics engine, referrals from Optum employed and aligned providers will move from high-cost providers to lower-cost, more conservative ones.
Analysis: Health plans, physician practices align to manage population health and reduce total cost of care
A discussion of strategies health plans are deploying to align with physicians, manage referrals, improve outcomes and reduce the total cost of care as the U.S. healthcare system transitions to population health-based payment models.
How providers should adapt to the demands of a consumer-driven healthcare system
Insights during a 2019 HFMA Annual Conference cohort revealed various approaches that providers can use to meet the increasingly urgent challenge of improving the patient experience.
Financing in the 2020s: Look for higher interest rates
A review of hospital financing practices prior to the Great Recession of 2008 provides insight into how current practices might best respond to a new period of rising interest rates.
Change Healthcare: Curbing Bad Debt by Improving the Patient Financial Experience
In this roundtable, several revenue cycle leaders discuss how they are tackling escalating patient responsibility, exploring the value of putting individuals on pathways toward payment that boost satisfaction and revenue.