What Are the Latest Trends in Healthcare Payments?
Healthcare was in the spotlight throughout 2016 as the country ramped up to the presidential election in November. From the start of the Republican and Democrat primaries, it seemed like each candidate leveraged healthcare as a key campaign focus point. Despite all the political stumping and subsequent headlines, there was still no shift in the trend towards consumerism or any overwhelming sentiment within the industry about the election’s impact. In fact, survey data from LHK Partners shows that when asked about the impact of the 2016 election on healthcare, the response from providers was almost evenly split among positive, neutral and negative.
The data analyzed in the Trends in Healthcare Payments Seventh Annual Report: 2016 reveals that regardless of the political landscape, there are four areas that require the industry’s attention:
Consumers Are Demanding More From Healthcare
Omnichannel Payments Are Impacting Healthcare
Paper Is Hurting All Healthcare Stakeholders
Healthcare Data Is Under Attack
The Trends in Healthcare Payments Seventh Annual Report: 2016 is now available to download at www.instamed.com/trends. For the last seven years, InstaMed has released this report to objectively educate the market and promote awareness, change and greater efficiency through quantitative data from the InstaMed Network and qualitative data from healthcare providers, payers and consumers surveyed nationwide.
Chris Seib, Chief Technology Officer and Co-Founder at InstaMed – Before founding InstaMed, Chris was an executive in Accenture’s Health and Life Sciences practice. Chris has been involved in strategic development efforts regarding government health initiatives, consumer-directed health plans and direct connectivity between providers and payers. Chris has certifications and expertise in Programming, Architecture, User Experience, Database Technologies, Networks, Network Architecture, Security and Project Management. Chris is a named inventor of multiple patents and patent applications held by InstaMed.