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Hospital Shares Success Story of Payment Plan Program

A Missouri hospital is sharing the successes of a payment plan program it has developed to help individuals manage their healthcare debts. Excelsior Springs Hospital partnered with a vendor — CarePayment — to build the payment plan program. Individuals can sign up for the program and the payments can be …

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Study Concludes The More A Patient Has To Pay, The Less That Will Be Paid

Healthcare facilities need to do a better job of segmenting individuals who are true “self-payers” for their hospital bills against those who are “self-payers after insurance” (SPAI), which includes those with high-deductible health plans (HDHPs), according to a benchmarking report released this month by Crowe Horwath. True self-pay accounts, generally those …

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Healthcare Data Breaches Add Up to Big Bucks

Healthcare companies face expenses in seven different categories, with total dollar losses averaging $4 million, in the event of a data breach, according to a whitepaper published recently. The categories include forensics, notification, lawsuits, lost business, brand value, HIPAA fines, and post-breach costs, according to Protenus, a company that helps …

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