Healthcare Consumer Payments
As healthcare costs skyrocket and employers move towards High Deductible plans, financial responsibility for treatment is slowly shifting toward patients and away from large payers. Healthcare organizations, accustomed to dealing with large payers, are now having to change their focus to deal with individuals, a far different reality that will only continue to grow under the new Healthcare regime in the United States.
With higher costs to collect individual payments and the potential for significantly longer payment realization, the current healthcare revenue realization model is under significant pressure. Health systems must adapt to work with individuals in order to minimize lost revenue and bad debts as part of their revenue cycle program.
infoedge works closely with our clients to deliver value and forward thinking solutions; ultimately helping them to work through the transition of shifting payments from payers to individuals and increasing timely payment recognition without affecting patient outcomes.
Ways infoedge can deliver value to your organization:
- Payment Acceleration Strategy
- Enterprise Payment Solution Strategy
- Healthcare Service Modeling, Design, and Implementation
- Patient Payment Portals
- Shared Service Strategy for Payments Office
- Medicare and Medicaid Financial Counseling Strategy