HealthLeaders Media June 22, 2020
Research from TransUnion Healthcare indicated that point-of-service collections rose 42% from increased price transparency for patients.
During the start of the ongoing coronavirus disease 2019 (COVID-19) pandemic, daily total patient payments declined 47% between mid-March to mid-May, according to a TransUnion Healthcare analysis.
The data, which will be presented in a webinar Thursday, also found that providers utilizing VisitPay, a Boise-based billing platform, saw patient payments increase 10% over the same period.
Additional research from TransUnion indicated that point-of-service collections rose 42% from increased price transparency for patients.
“Given the rise in unemployment – and the transition between health plans that patients may face due to the loss of employer-sponsored benefits – now more than ever, patients...
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