Patient Engagement September 28, 2016
Sara Heath

In order to survive a changing financial landscape, providers will need to deliver consumer-centered healthcare and demonstrate their value-based care efforts, says HFMA.

With patients bearing more financial responsibility, consumer-centered healthcare and a positive patient financial experience will become more important for healthcare organizations, says a whitepaper from the Healthcare Financial Management Association (HFMA).

HFMA defines consumerism as “a trend that reflects the growing importance of consumer choice in the healthcare marketplace.” With patients poised to make more of their own healthcare decisions, providers will need to adjust their practices to meet consumer needs.

“Patients are beginning to understand the wide variation in prices and, given their ever-increasing out-of-pocket responsibility, are seeking out lower-cost options,” HFMA says. “Consumer-oriented health plans...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

 
Topics: ACA (Affordable Care Act), ACO (Accountable Care), ASC, CMS, Employer, Health System / Hospital, Healthcare System, MACRA, Market Research, Medicaid, Medicare, Medicare Advantage, Patient / Consumer, Payer, Physician, Population Health Mgmt, Pricing / Spending, Primary care, Provider, Radiology, RCM (Revenue Cycle Mgmt), Retail care, Self-insured, Specialist care, Telehealth, Urgent care, Value Based
How socioeconomic status shapes food choices and what it means for public health
Burda on Healthcare: Comedy Can Outweigh Drama in Hospital ERs
Medicaid Redetermination Meant A Slowdown In New Patients For Addus
House passes bill with short-term wins for hospitals
Medicare Advantage, Medicaid Cuts Deemed Devastating for Nursing Homes at House Hearing

Share This Article