The patient is the fastest growing payer. Is your hospital prepared?
The growth in patient financial responsibility for medical costs is one of the most significant trends to affect healthcare providers in recent years. Patients are now one of the biggest payors, which requires medical providers to make drastic changes to their billing and payment systems. Is your hospital giving patients the tools they need to better manage their medical bills? Read this paper to understand:
- How to improve the patient financial experience
- Strategies used by two major health systems to achieve improvements in patient payment yield and patient satisfaction
- What healthcare organizations can learn from other industries about improving the billing and payment process
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