Course | Basic | Billing and Collections
In this course we review internal controls for cash handling and posting, electronic funds transfer and electronic remittance advices.<div><br></div><div>Estimated course completion time: 30 minutes</div>
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Course | Basic | Billing and Collections
At the end of this course, you will be able to recognize billing requirements utilized by healthcare providers and health plans.<div><br></div><div>Estimated course completion time: 1 hour</div>
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On Demand Webinar | Update | Billing and Collections
A look at the latest healthcare regulatory and legislative issues moving through Congress, Health and Human Services (HSS) and the Center for Medicare &amp; Medicaid Services (CMS).
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Course | Intermediate | Billing and Collections
This course covers a set of four compliance risk areas identified by the Office of Inspector General (OIG) that healthcare providers need to be aware of before they submit healthcare claims to federal agencies for approval. The course also ...
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Course | Basic | Billing and Collections
This course explains the purpose of the 08/05 revised version of the 1500 Health Insurance Claim Form and describes how the form should be completed.<div><br></div><div>Estimated course completion time: 2 hours and 30 minutes</div>
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Trend | Billing and Collections

2018 patient out-of-pocket costs increase 12%

Trend | Billing and Collections

2018 patient out-of-pocket costs increase 12%

Patients experienced annual increases of up to 12% in their out-of-pocket responsibilities for inpatient, outpatient and emergency department care in 2018, according to a TransUnion Healthcare analysis.

“For several years patients have faced a greater cost burden as healthcare expenses shifted from payers to patients,” says Dave Wojczynski, president of TransUnion Healthcare. “As a result, patients are now making decisions about where they receive care based on costs – not just the quality of care they may receive. This means price transparency is critical for healthcare providers who are not only competing for patients but also want to secure timely payments from them.”

The analysis also 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. Conversely, the number of patients who had an average out-of-pocket expense of $500 or below decreased from 49% in 2017 to 36% in 2018. 

 

 

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