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Why health care costs are making consumers more afraid of medical bills than an actual illness

Henry Kotula

” However, the poll, conducted by the University of Chicago and the West Health Institute, found Americans fear large medical bills more than they do serious illness. And 53 percent received a bill that was higher than they expected.

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Despite Greater Digital Health Engagement, Americans Have Worse Health and Financial Outcomes Than Other Nations’ Health Citizens

Health Populi

health care is Americans’ growing financial exposure to first-dollar costs as patients continue to morph into medical bill payors. Nine in ten people told HealthPocket that prices for medical services should be as readily available as prices are on a menu at a restaurant. One of the unique aspects of U.S.

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How the Coronavirus is Reshaping Consumer Trust – The Edelman Trust Barometer Lens and Health Impacts

Health Populi

Tragically, these front-line workers continue to lack the personal protective equipment, inpatient medical technology (namely, ventilators for respiratory support), and testing to track and trace the sick and the well. These are the most trusted sources for information — and they are the care providers in the pandemic.

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AI Startup AESOP Raises $3M to Tackle Medical and Billing Errors

Healthcare IT Today

However, hospital information systems are more designed to support medical billing than clinical decision-making. When diagnosing, physicians need to consider many factors simultaneously and then select the related and unique code from the 68,000-diagnosis code list.

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Great Expectations for Health Care: Patients Look for Consumer Experience and Trust in Salesforce’s Latest Research

Health Populi

health care economics, patients are now payors as health consumers with more financial skin in paying medical bills. As consumers, people have great expectations from the organizations on the supply side of health care — providers (hospitals and doctors), health insurance plans, pharma and medical device companies.

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Five Healthcare Industry Changes to Watch in 2020

Henry Kotula

“Healthcare providers must follow suit to meet value expectations and deliver more consumer-friendly services or may risk losing market share to innovative new healthcare arrangements, such as direct primary care, which offer convenient and quality care with simplified medical billing,” Dexter says.