Now that the CMS has stated that prices for all items and procedures must be posted online, it is important to ensure patients understand what these prices mean to them. We’ve seen healthcare organizations be effective creating a financial assistance committee that can partner with the community to determine the most efficient way to communicate […]
Tag: financial assistance
The Value of Physician Involvement in Setting Policies for Safely Deferring Elective Care
Uncompensated care can place a financial burden on healthcare organizations, which is particularly concerning as operating margins shrink. Some hospitals and health systems have addressed this issue by deferring non-emergent cases if patients do not or cannot make arrangements to cover some portion of the cost of service upfront. Some in the industry oppose this […]