Transparent pricing can serve as a guide to determine the best course of treatment for a patient while keeping costs firmly in mind.
With COVID-19 cases and healthcare costs increasing, it’s more and more necessary to understand what your health insurance plan will cover.
As the number of coronavirus cases continues to rise, people are becoming more concerned about prevention, testing, and possible treatment.
To cultivate patient confidence, companies must invest in technology that seamlessly integrates medical and financial data to deliver pricing information to patients, physicians, and staff in real-time.
Looking at the current healthcare landscape, it seems healthcare appointments are struggling to keep up despite the last 10 years of innovation.
A lack of price transparency is failing patients. Without it, patients cannot seek out the highest quality healthcare at the lowest cost, and doctors and administrators can’t make cost-conscious decisions.
The cost of health care in the United States remains a challenging puzzle for patients and providers. Absent of clear, easy-to-understand pricing guidelines that span across state lines, many struggle to determine the actual price of a medical procedure.
Technology can transform data into actionable insights for providers needing to meet the demands of value-based care and consumerism in healthcare.
As providers engage in complex payment models and collect more from patients, they must learn to automate key functions to improve healthcare revenue efficiency.
Since the physician-patient relationship is the base for the entire healthcare system, providers are the ideal group to enable patient price transparency.
