Patient Healthcare Costs Rise Again

“Patient Healthcare Costs Rise Again, ClinicSpectrum’s Solutions Lessen the Burdens and Increase Revenue” According to a recent article dated November 13th, 2014 on Forbes.com, “Worker Out-Of-Pocket Health Costs Have Doubled In Five Years”, the healthcare landscape is predicted to change even further in 2015. “As the economy improves and employees spend more on health care, employer-paid premiums are rising again with an increase of 5.5 percent forecast for 2015 with worker premiums and out-of-pocket costs – which have doubled since 2009 – rising at an even faster clip.” Additionally, the annual healthcare costs per employee have risen from $10,717 to $11,304 this year. This means that more out of pocket expenses are outstanding and collecting that money can raise new challenges for medical groups. Strategic solutions must be implemented in the areas of proper benefit verification, and automated patient collections to reduce revenue downfalls for practices.Read less