It’s getting harder – much harder – for providers to efficiently collect self-pay revenue.
As deductibles and other out-of-pocket expenses grow, responsibility for healthcare costs is shifting from payers to patients.
Since 2010, the average deductible for workers enrolled in a single coverage plan has increased by 44%. And the share of employees covered by High Deductible Health Plans (HDHP) reached nearly one-quarter of all workers with employer-provided coverage in 2015.
That transition has magnified the challenges of self-pay collections.Read More