As you may have seen recently, a Black Book revenue Cycle management survey making the internet rounds found that patient financial responsibility jumped 29% since 2015. To meet this growing demand, 83% of providers surveyed plan to meet the rise in patient consumerism with more retail-like technology solutions. We were honored that Patientco was among the top-rated vendors listed in the patient payments category.
As patient deductibles continue to increase, many patients are demanding patient-friendly payment options, and providers are scrambling to manage higher levels of patient A/R. 87% of providers said convenience enhancements for patient payments were among the most demanded improvements from patients.
Patientco provides health systems with modern consumer payment technology backed by machine learning and predictive modeling to help providers optimize their revenue cycle and maximize patient payments. Learn how we use millions of past patient transactions to help providers predict future patient revenue in our free white paper.