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Patient Responsibility News

How Digital Bill Pay Aids Patient Financial Responsibility

October 18, 2017 - 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 are facing growing out-of-pocket healthcare costs because of the increasing prevalence of high deductible health plans. As a result, patients...


Articles

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...

3 Lessons from Retail to Enhance Consumer-Centered Healthcare

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In the wake of increased out-of-pocket patient spending and value-based care initiatives, the medical industry is embracing the importance of consumer-centered healthcare. Patients are being viewed as key stakeholders in their own care because...

Money Woes, Out-of-Pocket Patient Costs Limit Cancer Care

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Sixteen percent of healthcare consumers are experiencing high or overwhelming financial distress as a result of high out-of-pocket patient costs for cancer care. This can ultimately impact patient willingness or ability to access treatment, according...

How Healthcare Orgs Offer Price Transparency to Patients

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Offering price transparency to patients is a rising priority in the healthcare industry. As more patients face high out-of-pocket costs, they are looking to manage their own healthcare spending. Industry experts acknowledge that notifying patients...

Price Transparency Tools Receive Tepid Patient Reactions

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When it comes to price transparency tools and shopping around for healthcare services, patients are not entirely sold, according to qualitative research published in the American Journal of Managed Care. As patients face higher out-of-pocket...

Health Consumers Want Digital Patient Payments from Providers

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Payers and providers should consider adopting digital patient payments to meet increasing consumer demand in healthcare, according to a recent InstaMed report. The 2016 Trends in Healthcare Payments Annual Report surveyed thousands of consumers,...

Higher Insurance Premiums Drive Patient Health Exchange Exits

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High insurance premiums and patient costs have caused 1.5 million individuals to end their Health Exchange coverage in 2017, according to a CMS report. These patients either terminated their coverage after paying at least one month’s premiums...

How to Protect Vulnerable Patients from ED Overcharges

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Minority patients and those who do not have health insurance often face higher emergency department costs compared to other patients, opening the door for policy measures to protect vulnerable patients, according to researchers from Johns Hopkins...

Top Challenges to Collecting Patient Financial Responsibility

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Collecting patient financial responsibility is a key aspect of the patient encounter with healthcare revenue cycle. Healthcare organizations strive to create a clear and simple mechanism for collecting patient payments that keep the revenue cycle...

Rising Out-of-Pocket Drug Costs Spur Patient Financial Woes

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Out-of-pocket drug costs are growing, with 25 percent of patients paying more for their prescriptions now than they did one year ago, showed a survey from the Consumer Reports Best Buy Drugs. The survey of 1,000 prescription-taking patients found...

60% of Patients Want Stronger Health Payer Communications

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Health payer communication and engagement with patients is lacking, especially with regard to patient-facing digital tools, according to a new HealthMine survey. The survey of 750 insured patients found that health payers need to do more to support...

Should Value-Based Care Measures Become Patient-Centric?

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The healthcare industry must make value-based care assessments more patient-centric, ensuring that value measures consider variables that are important to patients, stated a pair of industry leaders in a Health Affairs op-ed. As patients increasingly...

Low Medication Adherence Negates Medicare Cost-Sharing Savings

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Although cost-sharing saves Medicare money on pharmaceutical expenses, these savings are likely negated by low medication adherence and eventual health complications, found a new study published in the American Journal of Managed Care. High chronic...

WA Drug Price Transparency Bill to Reduce Patient Cost Burden

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The Washington State House of Representatives passed a bill requiring drug manufacturers to offer better price transparency, helping to alleviate patient financial burden. Representative June Robinson sponsored the bill, which passed by a modest...

Lower Drug Costs, Subsidy Access Improve Medication Adherence

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  Improving access to Medicare Part D subsidies and lowering out-of-pocket patient drug costs can help raise medication adherence rates in patients of low socioeconomic status, according to a new study published in the Journal of Clinical...

How Health Payer Communication Boosts Patient Care Access

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Patient care access and preventive treatment are hallmarks of meaningful patient engagement. However, due to insufficient health payer communications with other stakeholders, patients are often left in the dark about whether or not their payers...

Effective Patient Advocacy Starts with Strong Relationships

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When a patient is diagnosed with a serious chronic or life-threatening condition, more changes than just her health status. These patients often face financial, logistical, and bureaucratic challenges to obtaining quality care, and need strong...

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