Revenue Cycle Management Transparency News and Resources for Healthcare

4 Ways Payers Could Improve Healthcare Price Transparency

December 16, 2016 - Healthcare price transparency remains a key issue for health payers across the country. In order to strengthen member retention efforts especially during open enrollment periods, payers will need to boost price transparency to improve consumer satisfaction. One survey released by HealthEdge in October shows that as many as 88 percent of consumers are looking for better healthcare price...

How Health Payers Could Help Reduce High Out-of-Pocket Costs

December 01, 2016 by Vera Gruessner

A major problem still impacting consumers within the health insurance market is the potential for seeing high out-of-pocket costs. Many individuals are still underinsured despite the significant decrease in the uninsured rate around the...

Rise in High-Deductible Health Plans Requires Cost Transparency

November 21, 2016 by Vera Gruessner

High-deductible health plans are becoming more and more common across the health insurance industry. With the many changes that the Affordable Care Act (ACA) has brought, payers are attempting to control costs by offering more...

How Payers Could Use Price Transparency to Boost Satisfaction

November 09, 2016 by Vera Gruessner

In order to reduce ever rising healthcare costs, health insurance companies will need to improve price transparency among their health plans as well as within their provider networks. The Robert Wood Johnson Foundation released a report...

Health Insurance Marketplaces Call for Plan Standardization

October 10, 2016 by Vera Gruessner

Healthcare payers are being instructed to offer standardized plan and benefit designs as the federally facilitated health insurance marketplace is working to improve consumers’ ability to compare varying health plans during the...

Consumer Satisfaction Dips When Payers Lack Price Transparency

October 03, 2016 by Vera Gruessner

Eighty-eight percent of consumers are looking for their health payer to relay complete information about their overall financial responsibility, according to a new survey by HealthEdge, indicating a strong desire for price transparency and...

Lack of Price Transparency Leading Employers to Self-Insure

September 07, 2016 by Vera Gruessner

Some employers are finding it difficult to keep contracting with their health payers due to continually increasing monthly premium costs and a general lack of price transparency across the health insurance industry. As such, the notion of...

Affordability, Cost Transparency Key for Patient Satisfaction

July 19, 2016 by Vera Gruessner

The biggest healthcare reforms impacting health payers today include the movement toward consumer engagement and patient satisfaction. Patient advocacy groups are bringing more attention toward keeping the patient voice at the center of...

Cost Shifting to Consumers May Reduce Patient Satisfaction

July 12, 2016 by Vera Gruessner

Consumer choice, patient satisfaction, and out-of-pocket spending is becoming a more pressing issue in the new political climate caused due to a blossoming of healthcare reforms. Within this new landscape, a new coalition called Partners...

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