Cost of healthcare: The doctor is (not) in
This year keep more of your money. We know that doctors are only receiving 10% of healthcare dollars and you deserve more. With Patient Payment Solutions you will be able to gain a larger percentage then just the ten percent. Cal Thomas from The Register Herald gives us a good insight on the shift with his article Cost…Read More
GoFundMe and healthcare costs, why crowdfunding is now in vogue for paying for your services.
GoFundMe is a crowd-sourcing financial platform that many of your patients are using to pay for your care to the tune of $650 million. One of the reasons that this has taken off is that the patient is now responsible for up to 40% of healthcare costs when the have insurance. The introduction of high…Read More
The Astonishingly High Administrative Costs of U.S. Health Care
Here is a headline that practice owners and patients alike are not surprised by at all, The Astonishingly High Administrative Costs of U.S. Health Care, Hidden from view: The complexity of the system comes with costs that aren’t obvious but that we all pay. The NYTimes article highlights that in 1999 30% of health care costs were due…Read More
Student Loans stressing you out?
Student loan debt is scary. Patient Payment solutions is here to help your student loans by making your practice become more effective by collecting more money for what you already do. Here we see an extreme case of the current educational system in the article “Mike Meru Has $1 Million in Student Loans. How Did…Read More
Healthcare Revolution: The Patient is the New Payer
What if we told you that now over 30% of the revenue in a healthcare office was sourced from the patient directly. It is no mystery that reimbursements have been dropping over the years and it is creating a new dynamic in the healthcare arena. We recently spent some time in New Orleans at the…Read More
When the patient can’t afford care.
You never have to go far before finding a provider that has had a patient who could not afford their recommended treatment plan. This week we will look at Pauline W. Chen’s article When the Patient Can’t Afford the Care from the New York Times. Pauline recounts a patient encounter in which a patient couldn’t afford…Read More
Even the insured can’t afford their medical bills
A startling trend is outlined in Helaine Olen’s article “Even the Insured Often Can’t Afford Their Medical Bills”, and we see it everyday in practice. Americans are paying out more every day for insurance then they have ever before. The drawback is that their is a severe shortage of benefits, we see astronomical deductibles and…Read More
PPS’s new blog, The Secret Shame of the Middle-Class American
Patient payment solutions strives to help people get the medical care they want and require. Our blog is going to be our outlet to help people. Starting off we want tot recognize and article from the May 2016 issue of The Atlantic. The Secret Shame of Middle-Class Americans, by Neal Gabler details how many “middle-class”…Read More