The healthcare industry risks a breakdown when organizations leverage disparate systems that are not compatible or rely on paper-based processes for payments. InstaMed CTO and Co-Founder Chris Seib examines the root causes for this problem and how organizations must go beyond clinical efforts and focus on administrative processes to achieve total interoperability.
Read the full article, Health care billers that don’t shed paper will pay a price, in PaymentsSource.
Now that we are certain about new regulatory mandates and the direction of healthcare in the U.S., the industry can refocus its efforts on preparing for the road ahead. Here’s a look at what we can expect in healthcare payments in the next decade:
More Coverage = More Patient Payments
Approximately 30 million uninsured Americans will begin to receive healthcare coverage in 2014. While the enrollment process will take multiple years, we believe that the majority of this group will receive coverage