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The Role of Staff Training in Financial Communication: Enhancing Patient Understanding to Reduce Bad Debt
In recent years, bad debt has become a major challenge in the U.S. healthcare system. This financial issue impacts healthcare providers, patients, and their families. Many adults, about 41%, have some level of healthcare debt, with many owing over $1,000. Factors such as high out-of-pocket costs, misunderstandings about insurance, and billing errors add to this […]...
21 Oct 2024