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Back to School: 5 Lessons Learned in Healthcare Payments

As the back-to-school season approaches, students, parents, and educators are busy preparing for the new academic year. However, this time of transition offers valuable lessons for healthcare organizations as well. Just as students organize their schedules and gather supplies for school, healthcare providers are faced with the challenge of streamlining operations and ensuring a smooth payment process for patients.

In the following sections, you’ll discover five actionable lessons – each paired with practical strategies – that healthcare organizations can implement immediately.

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Are Payers Part of Healthcare’s Paper Problem?

Healthcare is one of the last industries where most information is primarily transmitted via paper, including EOPs, EOBs, mailed paper statements and paper check payments. Overall, the ability to support these paper-based transactions requires manual processes that cost payers significant resources – consider that 16 percent of total healthcare spending is on administrative costs. .

Going paperless is a challenge for organizations of all sizes and types, requiring them to invest in new technology, change workflows, retrain employees – and the

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Business Plan: How to Go Paperless in 5 Simple Steps

Healthcare is expensive in this country. Heavy reliance on paper costs the healthcare industry billions. Some estimates put that waste as high as $300 billion dollars a year. So, what can be done to eliminate paper from healthcare?

Going paperless is a challenge to organizations of all sizes and types, requiring them to invest in new technology, change workflows, retrain employees – and the list goes on. It is very likely that somewhere along the line, someone at your organization decided

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