Three statistics to know:
1. Forty-one percent of working-age Americans are either experiencing medical bill issues or are paying medical debt, up from 34 percent in 2005.
2. In 2016, 68 percent of patients with up to $500 in medical bills didn’t pay off the full balance, a 19 percentage point increase from 2014.
3. More than 60 percent of patient payments are made online.
More articles on coding, billing and collections:
Florida ASC project wraps up within $6M budget — 5 details
Orthopedic ASC opens in North Carolina
6 cardiovascular ASCs opened, announced in 2019
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
