Everyone has heard the age old phrase "time is money." Welcome back to Secure Bill Pay's video blog, where we'll look at efficient, electronic payment systems that save time and generate money.
Patients Want to Know What Procedures will Cost
Make it easy for them to find out and then pay you.
It is well-known that health care consumers (patients) have become much more informed when making their health care decisions. And some states are better than others at providing the necessary information for patients to make informed choices. One of the leaders in providing transparent health care information is Massachusetts. The Mass Insight Survey Research Group conducts an annual survey of MA residents. Since 2004, they have tracked how much of a cost burden residents feel from premiums, co-pays, prescription drugs, and deductibles. The data released on May 6, 2013 is eye opening:
We're proud to announce the launch of Capture 4.0, a powerful, more-intuitive version of our healthcare revenue management tools. Capture 4.0 delivers all the benefits of the previous versions of Capture and CaptureScan, plus a new, more user-friendly design and exciting new features to make the patient payment process quicker and easier.
A recent study by TransUnion Healthcare has shown that the quality of care a patient receives involves more than just the physical care they recieve and getting well. The study found the ease of the billing and patient payment process can affect a patient's health outcome. This is in part because negative billing and payment experiences kept patients away from follow-up appointments, cancer screenings and other wellness health visits. More than 60 percent of the respondents in the study indicated that quality billing practices, convenient payment options, and cost information given at the point-of-service would encourage them to seek more non-critical health care.