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ClearGage Medical financing

The Benefits of Offering Medical Financing

July 5, 2018 | Healthcare Financing

Medical costs have fundamentally transformed over the past decade triggering an upsurge in the need for medical financing. Insurance companies are charging more and covering less for procedures, leaving patients to bridge the gap with their own funds. According to research by the Board of Governors of the Federal Reserve system, 47 percent of Americans […]

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patient-pay

Patient Satisfaction Linked to Improving Patient Pay

January 3, 2019 | Patient Pay

Practices rely on patient pay to increase revenue and maintain the necessary standard of care. According to the Medical Group Management Association, practices, on average, collect $15.77 for every $100 they charge. That’s less than sixteen cents received for every dollar billed. Organizations are finding that enhancing patient satisfaction has been shown to positively affect […]

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What is Healthcare Consumerism?

What is Healthcare Consumerism?

May 17, 2019 | Patient Retention, Patient Satisfaction, Patients, Physicians

Healthcare consumerism can be described as the empowerment of the patient. It’s an economic model that marks the shift from “fee-for-service” to value-based care. It also reflects patients’ changing role from passive patient to a more active participant in their healthcare. Healthcare consumerism centers on patient desire for transparency and choice. What does it look […]

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