Berkeley Research Group’s Post

In anticipation of CMS’s annual update to the Open Payments database, Joshua Galuska and Heather Bates authored the new BRG publication "Have Financial Relationships Between Manufacturers and Practitioners Returned to Pre-Pandemic Levels?" To evaluate the changes in financial arrangements between healthcare manufacturers and physicians due to the COVID-19 pandemic, the team analyzed consulting fees, speaking fees, and honoraria from the Open Payments database for program years 2017 through 2022. The analysis seeks to answer the following questions: 1️⃣ Which financial arrangements between healthcare manufacturers and physicians were most significantly impacted by the COVID-19 pandemic? 2️⃣ Have these financial arrangements returned to pre-pandemic levels? Or has the pandemic altered these arrangements going forward? Read the full publication to learn more ➡ https://lnkd.in/gyKxC2-H #healthcare #OpenPayments #COVID19

"In the complex landscape of healthcare administration, provider enrollment errors are often underestimated. But make no mistake—they can have a profound impact on your bottom line. Stay vigilant, stay accurate, and safeguard your financial health. Contact STAT MedCare Today! Visit our website https://lnkd.in/ecbPKab for more information. #statmedcare #HealthcareAdministration #FinancialWellness #PayorManagement #AccuracyIsKey" #providerenrollment

With rising healthcare costs, securing a patient's commitment to pay bills is more challenging than ever. However, with increased transparency in pricing and flexible payment plans, you can boost patient satisfaction and improve collections. Learn how to navigate these changes and enhance your practice's financial health today. https://ow.ly/isNe50TqfgH #HealthcareCosts #PriceTransparency #PatientCollections

Hospitals Grapple with Payment Delays: Q1 Report Highlights Revenue Shortfalls. Discover the latest findings on financial challenges impacting healthcare organizations nationwide. #HealthcareFinance #RevenueManagement

"In the complex landscape of healthcare administration, provider enrollment errors are often underestimated. But make no mistake—they can have a profound impact on your bottom line. Stay vigilant, stay accurate, and safeguard your financial health. Contact STAT MedCare Today! Visit our website https://lnkd.in/dbUKNZW for more information. #statmedcare #HealthcareAdministration #FinancialWellness #PayorManagement #AccuracyIsKey" #providerenrollment

In today's healthcare landscape, patient financial care has never been more critical. Qualify Health is leading the charge with their innovative approach to collecting with compassion, ensuring patients receive the financial support they need while maintaining dignity and respect. Why Patient Financial Care Matters: With the rising costs of healthcare, many patients find themselves overwhelmed by medical bills. Qualify Health understands that financial stress can negatively impact a patient's health and well-being. By focusing on compassionate collection practices, they aim to alleviate this burden and provide a path to financial stability. Join us in our mission to collect with compassion. Together, we can make a difference in the lives of patients, ensuring they receive the care they deserve without the added burden of financial uncertainty. For more information on how Qualify Health is transforming patient financial care, visit our website or contact us today. Visit us to know more: https://lnkd.in/dR2C4cMJ For Service call: + 1 864 650 6400 or, info@qualify.health #QualifyHealth #FinancialSupport #PatientCare #MedicalBilling #HealthcareSolutions #MedicalExpenses #CompassionateCare #PatientAdvocacy #HealthcareReform #EmpathyInHealthcare #PatientSatisfaction #FinancialAssistance

Patients are more than willing to switch providers due to a bad billing experience. For health systems that invest in the financial experience, this is a huge opportunity to grow your patient population. Learn more in our 2024 Healthcare Financial Experience Study: https://lnkd.in/gKYamsWa

"In the complex landscape of healthcare administration, provider enrollment errors are often underestimated. But make no mistake—they can have a profound impact on your bottom line. Stay vigilant, stay accurate, and safeguard your financial health. Contact STAT MedCare Today! Visit our website https://lnkd.in/eVYeQDw for more information. #statmedcare #HealthcareAdministration #FinancialWellness #PayorManagement #AccuracyIsKey" #providerenrollment

Financial scenario in healthcare doesn’t seem quite pleasing. Patients are confused; providers are frustrated! With nearly 51% of patients skipping medical care due to costs, financial burden of patients isn’t decreasing anytime soon. Even 30% of providers’ revenue is dependent on patients. Perhaps, this doesn’t mean healthcare stakeholders can’t do anything. Small steps towards improving patients’ financial experience can really make a huge difference. Sketch out a plan, or adopt these strategies- ✔️ Strengthen foundation with compliance ✔️ Offer different payment or rather digital payment options ✔️ Personalized pre-services ✔️ Consolidating patient-facing touchpoints What are your thoughts on patients’ financial experience? Share your thoughts in the comments. Derek Lo Patrick J. Crites Rachel Spilo Jon Lensing #HealthcareFinance #PatientFinancialExperience #HealthcareCosts #PatientCare #ProviderRevenue #FinancialBurden #DigitalPayments #Compliance #PatientExperience #HealthcareStrategies #HealthcareSolution #MedicalCosts #FinancialWellness #HealthcareAccess #PatientSupport #HealthcareSystem #FinancialStress #HealthcarePolicy #PatientEngagement #FinancialPlanning

🔍 Facing budget deficits, extended waiting lists, or need to boost patient-facing time? Meridian Productivity is the solution. 🎯 To CEOs, COOs, and FDs in the NHS: Our 27-year expertise in healthcare optimization is your asset in these challenging times. With a proven track record of delivering £610+ million in savings, we are ready to partner with you. ✅ Take action now. Transform your service delivery and financial health with our tailored strategies. Contact us to initiate the change. 📞 Ready to address budget deficits & enhance patient care? Let's discuss how we can support your goals. https://lnkd.in/e-AxY_BS #NHSFinancialHealth #PatientCare #MeridianProductivity #Productivity #NHS