trends in healthcare payments Blog Posts

Three Reasons Why Patient Engagement Matters

Healthcare consumers today owe more for both medical services and health plan premiums. Though the U.S. spends twice as much per person on average for healthcare compared to other industrialized countries, 75 percent of Americans say that the country does not get good value for what is spent. The healthcare experience for patients can no longer be overlooked. Here are three reasons why engaging patients is necessary to create a better healthcare experience.

1. 72 percent of consumers are confused by

Tagged healthcare consumerism, healthcare payments, patient engagement, trends in healthcare payments

The Hidden Potential of BYOD and Provider Check-In to Transform Member Engagement

In 2017, U.S. healthcare spending reached nearly $3.5 trillion, or $10,348 per consumer, at a projected growth rate of 4.6 percent. Healthcare spending has become nearly a fifth of the nation’s total Gross Domestic Product (Centers for Medicare & Medicaid Services). This steady growth and large size of the industry make it a major economic driver for the country.

Whether the industry can sustain this size and growth are questions that remain unanswered. The answers, and thereby the future of the

Tagged Check-in, Engage, payers, trends in healthcare payments

The Time to Retire Paper in the Healthcare Industry Has Come

The digital revolution is in full swing throughout the world. Mail volumes declined by five billion pieces or almost four percent in 2017. Online shopping increased six times faster than brick-and-mortar shopping during the 2017 holiday shopping season, while a record 7,000 retail stores closed or were set to close in 2017. Tech giants like Apple, Amazon and Uber are changing the world we live in by placing access to more and more at our fingertips. Yet, healthcare’s resistance to

Tagged infographic, paperless, trends in healthcare payments

How the Digital, Always-Connected World Is Impacting Healthcare

The digital world is no longer a future state – it is here, and we are all living in it. Proof of this is best demonstrated by the 77 percent of American adults who report being online daily and the 26 percent who are online constantly. For the healthcare industry, the digital world has created a new kind of consumer that bristles at the prospect of waiting, demands convenience, expects frictionless payments and speaks out on social platforms when experiences

Tagged infographic, providers, trends in healthcare payments

A Great Patient Payment Experience Is Not That Simple

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Improving the patient experience is at the forefront of conversation today for healthcare organizations.

Some vendors claim to offer the simplest, most user-friendly payment experience, but they are only focusing on one specific area of the process instead of the full end-to-end experience. In order to deliver the best possible patient payment experience, ask yourself, what does a great patient payment experience really look like? Here

Tagged Consumerism, healthcare consumerism, healthcare payments, integrated healthcare payments, online payments, trends in healthcare payments

The Eighth Annual Trends in Healthcare Payments Report Is Here!

The Trends in Healthcare Payments Eighth Annual Report: 2017 is now available to download. For the last eight years, InstaMed has released this report to objectively educate the market and promote awareness, change and greater efficiency through quantitative data from the InstaMed Network and qualitative data from healthcare providers, payers and consumers surveyed nationwide.

Download the report: www.instamed.com/trends.

We held a webinar featuring an inside look at the Eighth Annual Trends in Healthcare Payments Annual Report, including key insights from the report

Tagged healthcare payments, trends in healthcare payments

The Seventh Annual Trends in Healthcare Payments Report Is Here!

The Trends in Healthcare Payments Seventh Annual Report: 2016 is now available to download – free of charge. For the last seven years, InstaMed has released this report to objectively educate the market and promote awareness, change and greater efficiency through quantitative data from the InstaMed Network and qualitative data from healthcare providers, payers and consumers surveyed nationwide.

Download the report: www.instamed.com/trends.

We held a webinar featuring an inside look at the Seventh Annual Trends in Healthcare Payments Annual Report, including key

Tagged trends in healthcare payments

The Sixth Annual Trends in Healthcare Payments Report is Here!

The Trends in Healthcare Payments Sixth Annual Report: 2015 is now available to download – free of charge. For the last six years, InstaMed has released this report to objectively educate the market and promote awareness, change and greater efficiency through quantitative data from the InstaMed Network and qualitative data from healthcare providers, payers and consumers surveyed nationwide.

Click here to download the report.

Tagged Compliance and Security, ERA/EFT, healthcare consumerism, healthcare payments, increase collections, patient payments, patient responsibility, payers, providers, trends in healthcare payments

Trends in Consumer Healthcare Payments

The healthcare payments industry is changing rapidly due to the shift to a more consumer-centric service model. InstaMed released the fifth annual Trends in Healthcare Payments Report showcasing data based on billions of healthcare payment transactions and surveys of thousands of providers, payers and consumers nationwide. Download the report: www.instamed.com/trends.

Tagged Consumerism, healthcare payments, patient payments, patient responsibility, trends in healthcare payments

Infographic: Trends in Healthcare Payments

The healthcare payments industry is changing rapidly due to consumerism and regulatory mandates. InstaMed released the fourth annual Trends in Healthcare Payments Report showcasing data based on billions of healthcare payment transactions and surveys of thousands of providers, payers and consumers nationwide. Here are the highlights:

Tagged Consumerism, healthcare payments, patient statements, trends in healthcare payments

Blog Post Topic: trends in healthcare payments