News & Events

Key data from InstaMed’s Trends in Healthcare Payments Eighth Annual Report: 2017 was referenced by PatientEngagementHIT in a piece exploring ways healthcare organizations can improve patient satisfaction during the billing process.

Read the full article, How to Create Patient Satisfaction During the Bill Pay Process, in PatientEngagementHIT. Below is an excerpt from the article.

A significant hurdle to patient collections is convoluted billing processes. Seventy percent of patients say complicated billing is a major source of frustration for them; that number could grow as more patients face high financial responsibility for their healthcare, according to a survey from InstaMed.

Despite increasing financial pressure on patients, the healthcare industry is doing little to support consumers. Patient education and outreach about medical costs is scant, the survey of 2,500 patients and 100,000 providers revealed. And as a result, patients are growing more frustrated with their healthcare systems.

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