Patients are feeling the pinch of skyrocketing premiums and deductibles. National premiums have increased 5.5% yearly since 2000 while patient deductibles have grown by over 26% since 2008. The escalating consumer out-of-pocket (OOP) costs impact Providers as well. Their share of total revenues from patient financial responsibility has jumped by nearly 90% over the last few years. The elevated unemployment levels in the aftermath of the pandemic, the highest since the Great Depression, is further compounding the challenge. To thrive in the new reality, Providers can no longer rely on traditional models.
Our integrated solution firstEngage spans the end-to-end patient financial engagement value chain – Patient Access, Eligibility and Enrollment, and Recovery. It offers Providers the flexibility to either deploy the end-to-end solution or choose certain components based on their specific requirements.
firstEngage blends technology with empathetic human interaction, simplifying and elevating the financial experience for your patients. The result: a stronger financial foundation for your hospital and peace of mind for your patients.
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