Becker's Healthcare January 21, 2020
In 2018, healthcare spending reached $3.6 trillion, accounting for nearly 18 percent of the nation’s gross domestic product.[i] At the same time, more and more Americans are participating in high-deductible health insurance plans. Out-of-pocket healthcare costs have become a growing concern for many patients. As American’s financial responsibility for care has risen, so have their expectations for a more transparent, consumer-friendly care experience. Patients want to know up front what the cost of their care will be, and they want convenient payment options.
At Becker’s 8th Annual CEO & CFO Roundtable in Chicago in November, CareCredit hosted an executive roundtable to discuss how providers are navigating the rise of consumerism and healthcare’s changing financial landscape.
Patients are forgoing necessary care...
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