BC Advantage - 2017 Issue 3

Guide to Choosing Patient-Friendly Financing Options for Your Practice

The healthcare industry has changed drastically in the last decade, with more pronounced changes in the last five years with regard to patient responsibility. High deductible health plans have become the norm, and many patients find themselves in the difficult position of having to pay high medical bills or forego care altogether.As a recent article from Western Pennsylvania Healthcare News reported, the increase in out-of-pocket costs for patients have had the desired effect of reducing overall healthcare expenditures, but at what cost? In the longterm, the outcomes may be more negative than positive for the healthcare industry and...

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