The Elite Billing and Payment Blog

Easy Healthcare Channel Partnerships that Work: Why Every Revenue Cycle Company Needs Statement Print and Mail

Posted by Brian Watson on Wed, Sep 28, 2016 @ 06:26 PM

In today’s healthcare marketplace, every dollar matters  for both providers and channel partners alike.

Rising costs and shrinking reimbursements have many hospitals and practices leaving no stone left unturned in a search for low-cost, high-efficacy revenue cycle tools that can help them collect more cash without using additional resources.

The average deductible hasskyrocketed since 2010, spurred by a rise in high deductible health plans and more employee cost sharing.  Over the last five years alone, U.S. deductibles have increased by 67%, far outpacing gains in single premiums (24%), workers’ wages (10%), and general inflation (9%) over that same period.

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Tags: Healthcare Channel Partner Billing

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