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Benefits of Outsourcing Mental Health Billing Services

Medisys Compliance

Only around 45%, or 20 million, of the roughly 44 million mature Americans with mental illnesses in 2014 obtained mental health care in the previous year. Understanding the concept of Mental Health Medical Billing. Medical billing include submitting claims for the patient’s healthcare services.

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Candid Health Raises $52.5 Million Series C to Enhance GenAI Features, Expand Revenue Cycle Automation Platform to More Providers

Healthcare IT Today

The team is on a mission to simplify medical billing, allowing providers to focus on delivering quality care. Founded in 2014, Oak HC/FT has invested in over 85 portfolio companies and has over $5.3 We are humbled at the opportunity to partner with the company as it expands its footprint with healthcare providers nationwide.”

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Mary Lou Retton’s Explanation of Health Insurance Takes Some Somersaults

Kaiser Health News

Under the law, which has offered coverage through state and federal marketplaces since 2014, insurers are barred from rejecting people with preexisting conditions and cannot charge higher premiums for them, either. This is one of the law’s most popular provisions , according to opinion surveys.

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The New Financial Toxicity in Health Care: The Cost of Hospitalization

Health Populi

The concept of “ financial toxicity” for cancer patients was raised by concerned clinicians at Sloane-Kettering Medical Center, who discussed the topic on 60 Minutes in 2014 and have published papers on the issue. Uninsured working age people bear an even bigger burden of unpaid medical bills and bankruptcy risk.

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The Federal Reserve Chairman Speaks Out on Health Care Costs: “Spending But Getting Nothing”

Health Populi

Some of that credit card debt no doubt has medical bills associated with it. Furthermore, JPMorgan Chase has analyzed over 1 million accounts and found people using their tax refunds to pay for past medical spending. For context, most people in the U.S. couldn’t pay that $503 out of a current savings account.

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Will Consumers Cross the Cost-and-Trust Chasm Between Prescription Drugs and Hospitals?

Health Populi

84% of Americans told the Foundation that they were concerned about how much health care costs will affect them in the future, with 42% of patients saying they couldn’t afford to pay over $500 for an unexpected medical bill. Hospital costs contribute to rising medical costs to 49% of health consumers.

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The Health Care Costs for Someone Retiring in 2024 in the U.S. Will Reach $165,000 – Fidelity’s 23rd Annual Update

Jane Sarashon

I’ve covered this study every year since 2011 here in Health Populi, continuing to add to this bar chart; in the interest of space and legibility, I started this year’s version of the chart at 2014, when the cost for a couple was gauged at $220K.