The Importance of Cost Transparency for Patients
More Americans are looking for cost estimates upfront and providers can improve patient satisfaction by taking the time to provide the appropriate tools, according to Dave Wojczynski, senior vice president at TransUnion Healthcare.
Increasing Collections and Patient Satisfaction
No one wants to discuss finances with sick or injured patients. However, the sooner that conversation occurs, the easier it is for patients to stomach the costs, according to a speaker at the HFMA's national meeting in Las Vegas.
How Those Who Are Ready Deal with the ICD-10 Delay
The healthcare industry needs those who are ready for ICD-10 to step up and speak out, according to the panelists in a late-breaking session at the HFMA's national meeting.
Catch the Golden Goose
Gold got goosed 2 weeks in a row. Last week, it shot up $39 an ounce. That came on the heels of a $24 move the previous week. Could gold go higher from here?
What Are Your Options for Long-Term Care?
For many of us, long-term care is somewhat of an enigma. Nevertheless, long-term care is unique in its potential to devastate nearly every aspect of a family's well-being.
Large Gap between Retirement Expectations, Reality
The attitudes and expectations of Americans who are currently working differ significantly from those who are already retired, according to a recent survey.
Value-based Contracts Expected to Hurt Profits
The introduction of value-based contracts is expected to hurt profits, according to a survey of healthcare industry managers and executives.
Abraham Lincoln's Favorite Doctor
A study of history seems so find that if you dig deep enough, then you will find a physician often playing a large part in history-making events.
Young Physicians and Their Historic Palm Springs Inn
The tale of how 2 young American emergency room doctors bought The Willows Inn in Palm Springs, CA, for one million dollars is a long story.
9 Reasons Physicians Underperform without an Advisor
These traits are common behavioral characteristics that work against your investment returns, usually because you are too emotionally involved in the decision-making process.
Increasing Collections through Patient Financial Discussions
With out-of-pocket spending expected to be $411 billion by 2020, upfront financial conversations with patients are more important than ever, according to a presentation at HFMA's national meeting in Las Vegas.
Atul Gawande, MD, Dives into Patient Cost Data
The healthcare industry is just beginning to see the advantages of putting together clinical minds and financial minds, said Atul Gawande, MD, at HFMA ANI's keynote address.
Customizing Allocations to a 529 Plan
While many 529 college savings plans offer standardized glide paths that reduce risk as the child gets closer to college, these paths are one-size-fits all. Parents can do better.
Cost Transparency and Patient Satisfaction
The majority of Americans report consistently being surprised by their medical bills, often because very few patients ever receive cost estimates before care.
Prepare Now for Meaningful Use Audits
Although an old adage cautions us against making assumptions, in the case of meaningful use audits, it's a good idea for medical practices to assume they will be audited.
Foolish Investment Strategies: The More Advisors the Better
If done properly, diversification reduces risk in a portfolio and potentially generates a higher rate of return. But there is one type of diversification that does not fit with an investment plan.
10 Best Cities for Patient Satisfaction
There are many problems with American healthcare, but one seems to be the inconsistency of the care provided. These 10 cities are better at keeping their patients satisfied.
Amazon Fire Phone Sparks Opportunity for Investors
While it's risky, Amazon's Fire Phone could light a spark in your portfolio. The obvious route is to pick up some Amazon shares, but it may be thriftier to consider companies that will benefit from the Fire.
$765 Billion Wasted Annually on Healthcare
According to reports from various organizations, America is wasting roughly $765 billion annually on healthcare and doctors should take some of the blame, according to Jeff Brown, MD.
The Biggest Hurdles to Your Money Goals
A look at 5 big hurdles to achieving your financial goals and how you can get around them and back on track.
America's Health System Ranks Last (Again)
American healthcare may be the most expensive in the world, but it ranks last overall among 11 peer countries, according to a new report.
4 Days in Munich: A Whirlwind Tour of Opulence
Within the city of Munich are a number of opulent palaces housing art collections. Some of these rival Versailles and will take the better part of a day to explore.
Majority Pay $100 or Less a Month through the ACA
The majority of Americans who selected a Marketplace insurance plan are paying premiums of $100 or less a month after tax credits, according to the Department of Health and Human Services.
A Third of Americans Have Made the Worst Retirement Saving Mistake
Nearly a third of Americans have made one of the worst retirement savings mistakes, and nearly half regretted doing so, according to a new survey.
Camden: The Prettiest Fishing Village in Maine
Arguably the prettiest fishing village in Maine, Camden is a favored spot on the coastline, and you would never want to visit in the summer season without a reservation for accommodations.
8 Steps to Reach Financial Independence
No matter how much they make, everyone's goal should be to reach a point where they can be financially independent; but it takes careful planning.
Trends Fueling Telehealth Adoption
While barriers to telehealth adoption remain, there are changes occurring that are giving telehealth adoption a significant boost.
Addressing the Physician Shortage Through Medical Schools
A new policy from the American Medical Association addresses the physician shortage and healthcare access in the United States through innovative education models.
What Investments Are Working Now?
In 2009, you could have bought just about any stock and it would have moved higher. Thanks to the huge bull market, growth stocks are no longer invincible.
NPPs Can Bring Financial and Clinical Dividends
Successfully integrating a non-physician provider (NPP) into a medical practice depends a lot on the supervising physician. Unfortunately, not all physicians know how best to utilize NPPs.