PatientEngagementHIT

Patient Responsibility News

CMS Updates Drug Price Dashboard to Improve Price Transparency

May 17, 2018 - CMS has updated its drug pricing dashboards to better reflect the price transparency ideals stated in President Trump’s recent address on drug pricing and out-of-pocket patient costs. The updates will highlight year-over-year spending, allowing patients to identify which drug manufacturers are increasing their prices and at what rate. According to CMS, this move carries out the Administration’s...


Articles

Patient Worry About Out-of-Pocket Healthcare Costs at All-Time High

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Few patients are confident they can afford an expensive medical bill, as high out-of-pocket healthcare costs continue to be a cause for patient concern, according to a report from the Commonwealth Fund. This report was informed by a survey the...

Doc Help Needed to Overcome High Out-of-Pocket Healthcare Costs

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Patients are continuing to cite high out-of-pocket healthcare costs as significant barriers to care, putting more pressure on providers to identify and alleviate those problems, according to a new study from the University of Texas Southwestern....

85% of Patients Concerned about Healthcare Costs, Quality

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Consumers have become more concerned about healthcare costs and rising patient financial responsibility than they are about paying for other services in their lives, according to a recent survey from patient advocacy group Consumers for Quality...

Improvement Needed for Patient-Facing Cost Transparency Tools

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The cost transparency tools that healthcare payers offer are generating some patient buy-in, but more work is still necessary for these tools to make a dent in growing patient financial responsibility, according to a recent report from the bipartisan...

CVS Health Hosts Tool Cutting Out-of-Pocket Patient Costs for Meds

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CVS Health and its pharmacy benefits manager (PBM) CVS Caremark has launched a new tool that will help patients, payers, and providers connect patients with medications at the lowest possible cost, ideally reducing out-of-pocket patient costs...

Understanding Consumerism in Healthcare, Patient Empowerment

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Consumerism in healthcare is here to stay, but the industry needs some fixes to drive patient empowerment and assist patients who face growing financial responsibility, according to a policy brief from healthcare researchers at Rice University....

High Costs Increase Patient Financial Responsibility by 11%

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Patient financial responsibility increased by 11 percent in 2017, leading to a major upswing in out-of-pocket patient healthcare costs for the year, according to a recent report from TransUnion Healthcare. The report, released at the HIMSS18...

64% of Patients Avoid Care Due to High Patient Healthcare Costs

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Patients are delaying medical care or forgoing treatment altogether because of increasingly high patient healthcare costs, according to a recent survey conducted by 20|20 Research in partnership with CarePayment. Healthcare prices are rising...

Out-of-Pocket Healthcare Costs to Rise for Medicare Beneficiaries

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Traditional Medicare beneficiaries can expect to spend nearly 20 percent of their total annual incomes on out-of-pocket healthcare costs by 2030, according to a recent report from the Kaiser Family Foundation. The report included data about out-of-pocket...

Out-of-Pocket Healthcare Costs Rise as Utilization is Unchanged

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Patient financial responsibility and out-of-pocket healthcare costs are increasing, despite the fact that healthcare utilization has remained stagnant, according to a recent report from the Health Care Cost Institute (HCCI). HCCI’s 2016...

How Concierge Medicine Affects Patient Care, Financial Responsibility

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In an industry facing constant evolution, healthcare has proven competent at healthcare delivery innovation. Among retail clinics, microhospitals, and other alternative care sites comes concierge medicine, a form of healthcare delivery marked...

High Out-of-Pocket Costs Keeping Cancer Patients from Treatment

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High out-of-pocket costs and patient financial responsibility are keeping cancer patients from filling potentially life-saving prescriptions, according to a group of researchers from the Perelman School of Medicine at the University of Pennsylvania....

Assessing How Healthcare Consumers Access Doctor’s Appointments

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When a healthcare consumer finds herself in need of a new provider or a doctor’s appointment, she may start by going to her computer and looking up online reviews and other information about the clinician she’s considering visiting....

Patients Say Healthcare Costs Rising, Care Quality Stays Stagnant

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You get what you pay for, the saying goes. But in healthcare, patients say healthcare costs are rising with little payoff for improved care quality, according to a recent survey conducted by Kelton Global on behalf of West Healthcare. The survey...

Patient Healthcare Costs Up 30%, Spurs Patient Billing Changes

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Patients and providers alike are looking for patient-centered billing solutions that will help mitigate the effects of increasing patient healthcare costs, according to a recent report from Black Book. The report covered separate surveys of patients...

How Digital Bill Pay Aids Patient Financial Responsibility

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Healthcare professionals are looking for strategies to streamline bill pay processes as patient financial responsibility continues to increase in the industry. Digital bill pay can help organizations improve the consumer bill pay experience....

Patients Concerned About Financial Responsibility, Health Costs

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Growing patient financial responsibility and health costs are key concerns for patients, with 90 percent expressing worry about affording their own treatments, according to the 2017 Physicians Foundation Patient Survey. The biennial survey of...

How Out-of-Pocket Drug Costs Impact Patient Treatment Access

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The rising cost of healthcare is a fundamental impediment to patient treatment access. As drug costs continue to climb, patients are seeing limited opportunity to access the medications and therapies necessary to overcome their health conditions....

How a Patient-Centered Payment System Creates Patient Choice

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Value-based payment models may not be adequate for ensuring quality care for patients, according to a recent report from the Center for Healthcare Quality & Payment Reform. Instead, a patient-centered payment system can deliver patient and...

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