We continue to reach out to the experts to help us see into the new year. The pandemic’s impact on the financial health of healthcare has to say the least been monumental. What will turn this around in 2021? Technology, investment, consolidations, strategic partnering, and implementing AI say these experts.
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By David Shelton – A staggering 90% of physicians say manual prior authorizations are a concern, according to the 2019 CAQH Index. Further magnifying the current situation are payers’ intentions to increase prior authorization requirements for even more services in the near future.
By David Shelton – The effects of COVID-19 on global health, economies and societies have been well documented and are nothing short of staggering. Millions of Americans face uncertain financial futures, which in turn creates uncertainty for organizations to whom consumers owe money.
By David Shelton – The call for healthcare price transparency is growing louder, with seemingly obvious benefits. Patients, knowing what they’ll owe, can make informed decisions about their care and how they’ll pay for it.
The thought leaders in our community are good about sharing their thoughts on the issues of today. Here are the top read and shared guest posts of June that we think deserve sharing again.
By David Shelton – The cost of healthcare in America is on everyone’s minds. People at all income levels, insured or not, worry about treatment and medication costs, which are expected to climb an average of 5.5 percent per year through 2027.
By David Shelton – One of the most difficult conversations that takes place in a hospital doesn’t always occur between a physician and patient. It happens between the patient and registration staff, wrapped around the question, “how are you going to pay for your visit today?”