Pharma Investments, Ventures & Law Weekly
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Craneware, Inc.
Craneware Supports Hospitals' Compliance and Upfront Collections with Accurate Estimates
June 14th, 2009
In today's economy, with the high number of uninsured and underinsured Americans, increasingly high deductibles and co-payments, plus growth in consumer-driven health plans, such as Health Savings Accounts (HSAs) -- more patients are responsible for their own healthcare costs. As a result, hospitals seek better ways to provide visibility into treatment costs prior to service. Setting patients' expectations in advance on procedures and costs helps hospitals improve patient satisfaction, increase upfront collections, and reduce bad debt, which enables them to better serve their communities. Families USA, a national nonprofit organization dedicated to the achievement of...
Source: Pharma Investments, Ventures & Law Weekly (2009-06-14)
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