The New
Healthcare Economy

Hospital margins are shrinking. Without action, they may disappear altogether.

Read on to learn why
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  • In the near future, patients will be responsible for 30% of their medical bills—and this growth isn’t likely to slow anytime soon.
  • Since the patient portion of a healthcare visit is billed after insurance is billed, healthcare providers are becoming the largest consumer creditors in the markets they serve—only they don’t have the tools to properly manage this massive business.
  • Providers have historically received only a fraction of what they’re owed. As patient obligation increases, this problem will only get worse.
  • Rising patient bills will also require providers to offer more intensive customer support to help consumers navigate the new healthcare economy.
  • 21st century healthcare providers must move beyond basic services like offering recurring payments, simple online bill pay, paper statements, and traditional dialer campaigns. They’re simply not enough.
Patient obligation percentages

Download the white paper to learn more.

Take a closer look at the impending Self-Pay Gap, and discover how healthcare systems can survive in this rapidly changing economy.

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The Bottom Line

It’s not enough to save a little money. To succeed, you need to increase yield. And that requires a different approach.

A smarter, easier way to manage the patient financial relationship.

VisitPay is the first and only patient business system that empowers you to manage relationships better than a bank, to increase patient payments, drive yield, and significantly improve patient satisfaction. It’s comprehensive. It’s easy to integrate into your current accounting systems. And it’s all online, so it’s remarkably efficient for everyone.

Finally, a patient financial solution you and your patients can bank on. Welcome to easier.

Bridging the self-pay gap flow chart