Healthcare Financing Information & Archives - ClearGage

Category: Healthcare Financing

How to Increase Revenue at Urgent Care Centers

September 23, 2019 | Healthcare Financing, Revenue Cycle Management

Urgent Care Revenue Growth The urgent care industry has been increasing by nearly 6% annually in recent years, and revenues are expected to reach as much as $28B this year. According to 2018 Medical Economics research, urgent care clinics save money over traditional emergency departments, but the costs of doing business increases every year. The […]

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Self Pay

What You Need to Know About Patient Responsibility Payments

June 5, 2019 | Healthcare Financing, Homepage, Medical Billing, Patient Financing, Patient Pay

Historically, independent practices have had better collection rates than large networks or hospitals. But that’s changing. Patients are shouldering more and more of the financial burden for healthcare than ever before. Higher deductibles. More in premiums. Greater copays. In fact, Kaiser Family Foundation revealed that out-of-pocket patient pay rose about 230% between 2006-2015. That same […]

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The Fundamentals of Healthcare Financing

August 13, 2018 | Healthcare Financing

Should your practice offer healthcare financing? Healthcare financing can improve the wellbeing of your patients and your practice. Clients without insurance or available funds can receive the care they need while you receive payment on time. High health costs may impact your business more than you know, and patient financing offers a sustainable solution to […]

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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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