3 Impacts of High Deductible Plans on Your Revenue Cycle (and 5 Ways to Fix It)

A high deductible plan means the patient is paying more out of pocket expense for health care services. It is a health insurance plan with a high deductible and normally has a lower premium.  People pick high deductible plans because the out of pocket premiums are lower and fit into a tight budget more easily.  Employers like high deductible plans as a way to save money on health care coverage for employees.  However, high deductible plans can have an impact on health care facilities or on a hospital’s revenue cycle.  The impact is not always in a favorable manner.

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Topics: Healthcare Reform, healthcare receivable management, Revenue Cycle Management, Patient Deductibles, HSA