Best Practices to Amplify Collections

Healthcare costs are rising across the board. Government spending on healthcare in the United States increased by almost 10 percent in 2020 to $4.1 trillion, most likely due to funds allocated to managing the COVID-19 pandemic. For patients, high-deductible plans are common occurrence and out-of-pocket costs are estimated to reach more than $491 billion by 2025. According to a report from the Kaiser Family Foundation, approximately 100 million Americans have some form of healthcare-related debt. Numbers like this give insight into the financial state of many Americans.

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Healthcare patients expect modern, secure, and convenient payment experiences. Learn how contactless payment solutions from Health iPASS help providers meet patient demands while improving revenue cycle performance.
In today’s dynamic healthcare landscape, patient financial responsibility is at an all-time high, making efficient and user-friendly payment solutions more critical than ever.
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