Heard about “patient payment clarity” yet? If not, you will soon. This new concept is winning fans at forward-thinking hospitals and raising eyebrows with revenue cycle executives as they learn about the term.
For hospitals, patient payment clarity is getting visibility into when and how much they will be paid, by whom and the ability to better navigate the obstacles to payment. For patients, payment clarity goes beyond transparency to promote satisfaction and instill loyalty.
To help providers understand and capitalize on this trend, we’ve put together a fast-reading white paper that explains what patient payment clarity is, why it matters, and how it helps both providers and their patients.