Health iPASS infographics are visual resources designed to help understand how and why the patient revenue cycle is changing and what medical providers must do to meet the rising demands of healthcare consumerism. Designed as graphical representations of key data and strategies to support the use of patient revenue cycle technology, our Infographics are carefully researched and designed. We hope these references help motivate others to be proactive in improving patient net collection rates, lowering the cost to collect, and establishing price transparency.
Secrets Revealed: How to Join the 97% Patient Collections Club
In a changing healthcare landscape where patient payments are quickly becoming a larger and much more significant portion of the payer mix and the fact that price transparency is likely to become government-mandated, forward-thinking medical providers are moving away from traditional payment and collection models. Automating their patient revenue cycle with Health iPASS is a proactive step towards future-proofing positive financial performance. Download this infographic to understand more about what conditions led to the rise of patient payments in healthcare and how medical providers can implement revenue cycle automation technology to improve both point-of-service and residual balance patient payments. For more information on the 97% residual balance collection statistic, be sure to read our forthcoming whitepaper on this topic, soon to be published by Health iPASS on our website.
Strategies to Improve Patient Collections in 2018
As employers seek to cut healthcare expenses, the adoption of high deductible health plans (HDHPs) are rising fast, placing more financial burden on patients. This trend necessitates taking proactive steps to adopt technology that will better optimize the patient revenue cycle in healthcare. This infographic details the steps medical providers can take to address healthcare consumerism, the importance of establishing price transparency, and offers practical advice on how to implement strategies that engage patients through cost estimates and secure payment processing options.