The American Journal of Managed Care features an article authored by InstaMed CTO and Co-Founder Chris Seib.
Read the full article, Trends in Healthcare Payments: Opportunities Are Endless for Providers, in the American Journal of Managed Care. Below is an excerpt from the article.
When it comes to patient collections, trends in healthcare payments tell us that providers are struggling. Though patients owe more for services, providers still rely on the same collection methods from decades ago–print and mail statements. The appetite among patients for these outdated tools is becoming less and less, and it shows in how effectively providers are collecting payments from their patients. Providers have the opportunity to leverage industry trends to empower patients with new payment tools and options for a better payments experience.