Weekend Reading: September 9, 2022

While it’s been a shorter week with the Labor Day holiday on Monday, sharing a few articles here that have caught our eyes focused on patient perspectives related to the ongoing concerns surrounding the cost of care.

Health Payer Intelligence focuses in this article on the sacrifices patients are making in order to afford paying medical bills, with 38% of survey respondents indicating that they have limited use of their automobiles and reduced food consumption in order to pay for care.

Putting patients first is a primary tenant of healthcare; leaders at Hutchinson Clinic are linking the patient experience to the success of their revenue cycle, in this article from Health Leaders Media.

A new survey commissioned by revenue cycle automation provider AKASA and featured in AiThority highlights areas where Americans are willing to pay more for healthcare, with many surveyed indicating a willingness to pay more for what is perceived as higher quality care.

For those paying health insurance policies for themselves, their families, or their workforce, news from Healthcare Finance News that will not come as a surprise: Consumers are Frustrated with Health Insurance Coverage, and Costs. While price transparency efforts are commendable, according to the article:

“When given the choice between two options, Americans would rather see Congress focus more on reducing the overall costs of coverage, such as premiums, deductibles, and copays (71%), rather than reducing the costs of prescription drugs (29%).”

On the topic of health insurance price data and transparency efforts, this article from Fierce Healthcare includes a terrific quote from Sabrina Corlette, a researcher at Georgetown University’s Center on Health Insurance Reforms,

“There is data out there; it’s just not accessible to mere mortals.”