by HBCS | Oct 23, 2020 | Blog
Even before the coronavirus pandemic, close to 25% of Americans said they put off necessary care due to costs.[1]Since the pandemic, economic pressures have skyrocketed with hundreds of thousands losing jobs and employer-sponsored health insurance. In a recent health...
by HBCS | Sep 8, 2020 | Blog
There are few—if any—sectors left untouched by the COVID-19 pandemic. Of all, healthcare has been among the most severely impacted. So many health systems and provider organizations were struggling before the pandemic. Now they face the fallout of a more complex...
by HBCS | Aug 11, 2020 | Blog
More than a third of all hospital revenue comes directly from patients.[1] Yet $7.5 billion in patient payments goes uncollected each year.[2] And this was before COVID-19. Now consider how many of your patients have lost jobs due to the pandemic or have incurred...
by HBCS | Jun 10, 2020 | Blog
Nearly 60% of patients in a typical children’s hospital is covered by Medicaid. Yet Medicaid reimburses only 80% on average and they are denying greater numbers of claims. These factors, along with the increase in patient financial responsibility and growing...
