As patients become more financially responsible for their healthcare as a result of their high-deductible plans, federal and state governments are pushing forward in their efforts to increase price transparency.
What's New at Practis
Tag: healthcare finance
Driven by consumerism and the ongoing desire to lower healthcare costs, healthcare pricing transparency is upon us. In fact, as of January 1, 2019 in-patient and long-term care facilities are now required to publish a listing of their standard charges online and update that listing on an annual basis.
In this new world of a consumerism, the health industry is on the hook for going retail.
To effectively complete in this new consumer-centric world, healthcare organizations such as medical groups and hospitals must focus on customer service,
There is a movement underway in healthcare
A transition is occurring from the status quo of traditional fee-for-service to more of a retail market where the patient is at the center.