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Patient responsibility is growing due to more high deductible health plans, says Colleen Hall, SVP and Revenue Cycle leader at Kodiak Solutions.
To collect all the money they're owed, hospitals should ensure they have proper coding and pricing for services and look for community funding, says Kelly Arduino, Healthcare Industry Leader at advisory firm Wipfli.
Sixty percent of all healthcare payments are in some form of value-based care, says Dave Snow, CEO of Cedar Gate Technologies.
The work of updating provider directories is the responsibility of payers, and much of it is still being done manually with mistakes incurring heavy penalties, says Megan Schmidt, CEO at Madaket Health.