Feb 25
Offer Your Healthcare Employees a Simpler Way to Pay for Medical Care
Do you offer medical care to your employees and staff, but find it difficult to collect copays and deductibles afterwards? In many cases, healthcare facilities are forced to send internal unpaid invoices to collections. However, with a $25 collections fee on a $75 copay, this just doesn’t make sense! Now you can offer your employees a simpler way to pay for medical care that’s mutually beneficial to them and your healthcare practice. […]
Read MoreFeb 16
Succeeding in 2021: Prioritizing Healthcare Revenue Cycle
2020 was certainly a unique and impactful year for all of us to say the least and will be a topic of discussion for many years to come. COVID-19 has made its presence known and felt in every aspect of our personal and professional lives, none more so than within the healthcare industry. Not only did the healthcare industry […]
Read MoreFeb 8
Can Technology Fix the Loneliness Epidemic?
A few years ago, I attended a healthcare conference where the keynote speaker talked about the loneliness epidemic. That presentation really stayed with me, as I had never realized just how great an impact loneliness has on health or how many people suffer its effects. When the pandemic hit, I accepted an invitation to hear […]
Read MoreJan 19
Healthcare in 2021: A Recovery Fueled by Health Technology
The turbulent year of 2020 is finally behind us. It has indeed been a trying time for us all, both personally and professionally. As we move into the new year, there’s considerable hope that the availability of COVID-19 vaccines will bring an end to the pandemic and a return to some form of normalcy. Healthcare […]
Read MoreDec 16
A Year in Review: A Look Back at Patient Financial Solutions from HealthPay24
2020 has been a year of unprecedented change. In the early months, we set out to address the issues and trends we expected to see throughout the year, like payment alternatives as high-deductible plans become more prevalent and a shift toward mobile-first payment solutions. By the end of March, of course, the focus had shifted […]
Read MoreDec 8
Transforming Pre-Service Patient Payment Strategies
The hard truth is that once a patient leaves your healthcare facility, the chances that they will pay for their portion of the bill drops considerably. How can you improve those odds, especially at a time of pronounced economic uncertainty, and maintain a healthy self-pay revenue stream? Getting to the Bottom of Patient Payment Delays Before developing […]
Read MoreDec 2
Shopping for Healthcare: The Importance of Quality Price Transparency
Earlier this year, the government ordered hospitals to publish costs for their services. The impetus for this is likely two-fold. On one hand, employers and the Affordable Care Act are implementing high-deductible plans on a larger scale, increasing the out-of-pocket responsibility on the part of the patient. On the other hand, price transparency is what […]
Read MoreNov 23
Reflections on Gratitude for 2020
Finding gratitude in the middle of a pandemic that has brought upheaval, uncertainty, and a trail of grief throughout our country and the world can be daunting. I looked back on my “Reflections on Gratitude for 2019” post, and it struck me how much has changed in just a year. While I’m still very grateful for HealthPay24’s partnerships – they’ve kept us going strong through this challenging year – I find my sense […]
Read MoreNov 10
The CMS Price Transparency Final Rule: What Hospitals Need to Know
In less than two months, hospitals across the U.S. will be required to make their price information publicly available, including the specific reimbursement and payment rates they have with third-party payers. Despite significant pushback from the hospital industry on the proposed price transparency rule published in July 2019, the rule was finalized last November with most of the requirements […]
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