The Urban Institute recently noted in their new report, Past-Due Medical Debt Among Nonelderly Adults, 2012-15, "Though uninsured people are most likely to report past-due medical debt, many insured adults also reported medical bills that were past due, despite the protection their coverage offers against high medical expenses." The report identifies the South as having the highest prevalence of medical debt, though this trend can be seen nationwide.
With OnPlan, hospitals can identify which patients will need payment support and proactively offer a tailored payment plan that fits their specific needs. Results include:
- 65% patient activation rate of payment plan offers
- 46% increase in collection rate from high-balance accounts
- 26% reduction in early out or collection agency placements
To learn more please request a personal consultation or call 224-544-5587.