{"id":6690,"date":"2018-08-23T07:32:10","date_gmt":"2018-08-23T12:32:10","guid":{"rendered":"https:\/\/www.billingparadise.com\/blog\/?p=6690"},"modified":"2026-03-11T05:31:32","modified_gmt":"2026-03-11T10:31:32","slug":"shocking-rise-of-healthcare-costs","status":"publish","type":"post","link":"https:\/\/www.billingparadise.com\/blog\/shocking-rise-of-healthcare-costs\/","title":{"rendered":"Increasing healthcare costs shocks healthcare organizations"},"content":{"rendered":"
[vc_custom_heading text=”Too many cooks make the healthcare broth incredibly expensive” font_container=”tag:h3|text_align:left|color:%23f07544″ google_fonts=”font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:400%20regular%3A400%3Anormal”]<\/div><\/div><\/section>
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Why would someone pay for the cost of documenting, abstracting and transmitting their health records? Yet, this is what patients have been unquestioningly doing forever and a day. It is not just the patients who are at the receiving end of a byzantine administrative and billing process. Physicians get the short end of the stick as well. The pressure to lower their cost base and rising overheads have backed healthcare organizations into a corner.<\/span><\/p>\n

Healthcare costs have risen steadily over the years. Though efforts are being taken to lower the cost of care, unify fragmented processes and drive efficiencies across the healthcare continuum. <\/span><\/p>\n<\/div><\/div>

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[vc_single_image image=”6739″ img_size=”full” css_animation=”fadeInRight”]<\/div>

Do you know that it takes a minimum of seven people to complete billing related tasks? In the consumer-driven healthcare industry it is essential that patients are kept in the loop. The steep hike in patient payment responsibilities have made it mandatory that physicians focus on patient billing<\/a>. Medical practices are now investing in expensive technology advancements to ensure robust management of patient receivables.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/section>

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To lower the cost base of medical practices BillingParadise has taken proactive steps to shorten the billing cycle through automating processes, hiring experienced billers and coders<\/a> to prevent denials as reworking denials is pretty expensive and help healthcare organizations to transition from paper-based processes to tech-driven ones. Our wildly successful EHR payment program covers the monthly EHR subscription fee of our clients so they are strongly incentivized to take the big leap. \u00a0<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/section>

But do things need to be expensive and complex to keep the healthcare industry running? <\/span><\/p>\n

This news article<\/a> by New York Times reveals the hidden costs that are a thorn in the flesh of both patients and providers. Though some costs are necessary, as this article says, there are some money drainers that can be avoided<\/a>. <\/span><\/p>\n<\/div><\/div><\/div><\/div><\/section>

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