Deirdre Ruttle, InstaMed Chief Marketing Officer, writes how the Trends in Healthcare Payments Tenth Annual Report can help healthcare organizations adapt to challenges of the COVID-19 pandemic in a Medical Economics article.
Read the full article, Adapting to challenges of COVID-19 with trends in health care payments, in Medical Economics. Below is an excerpt from the article.
Every year, the Trends in Healthcare Payments Annual Report is distributed to start a conversation about the current state of the industry and shine a light on areas where change is needed. For healthcare providers, the report has consistently found that more of their revenue is dependent on out-of-pocket payments from consumers and less is covered by payers. The data also showed slow progress made by providers in adapting to these changes in how they got paid.