Patients’ financial responsibility for healthcare is growing | High-Deductible Health Plans |
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Patients now bear much more responsibility for healthcare costs, driven by growth in high-deductible health plans (HDHPs). | |
Premiums | Revenue per patient rising |
Deductibles and out-of-pocket costs for patients are on the rise. | The percentage of total revenue that a provider needs to collect from a patient vs from a payer has risen dramatically in the last decade. |
Key issue which continue to emerge: | |
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Patients are becoming the new payer. | Healthcare does not work like Consumer Industry. |
We need a system which understands the Healthcare industry and is built to service them, not just an extension of current Consumer Industry System...