Lia Cao’s Post

Here are the major challenges facing many players in the healthcare industry: operational costs are going up, new entrants are entering the market and consumers are demanding better digital experiences. What are the opportunities to tackle those challenges and how can Payments help deliver solutions and much-needed innovation? Our J.P.Morgan “Trends in Healthcare Payments” Annual Report is the gold standard in the care industry for a full read of the landscape. You can get it here: https://lnkd.in/eY9BwdQG #HealthcareTrends #JPMorganHealthcarePayments

This year's Trends in Healthcare Payments Report reveals a stark disconnect between consumer digital preferences and healthcare's inability to leave paper behind. While consumers are fully embracing the digital world, 71% of providers collect from patients with paper and manual processes most often. Read the full report to explore the trends that need the industry’s focus. https://lnkd.in/eS6EeCNF #HealthcareTrends #JPMorganHealthcarePayments 

Here's to another year of Trends! This year's report was a fun adventure to get across the finish line. After all these years of trending, I know that this report is getting out the important data that healthcare payments need to create meaningful change. #healthcarepayments #healthcaretrends

Excited to share our latest Patient, Provider, and Payer Trends Report, offering critical insights into the healthcare landscape. Discover how emerging trends are shaping the patient experience and impacting access to quality care. Stay ahead of the curve with actionable insights that empower better outcomes for patients, providers, and payers alike. #HealthcarePaymentTrends #PatientCare #ProviderInsights #JPMorganHeathcarePayments

Healthcare has often struggled to meet the demands of consumers in a meaningful way. Although healthcare makes up 17% of GDP in the U.S., getting paid or making payments still challenges providers, payers, and consumers alike. Why is it so difficult? The 14th Annual Trends in Healthcare Payments Report has just been released and it's a must-read for anyone who touches healthcare. (Essentially, everyone!) This year's report emphasizes the necessity for payment modernization to address the impacts of macroeconomic factors, outdated payment processes, and increasing consumer demands. Gain valuable insights into the current state of healthcare payments. Download a free copy of our 14th Annual Trends in Healthcare Payments Report today! https://lnkd.in/e8T7HW9m #HealthcareTrends #JPMorganHealthcarePayments

It's time to take a deep dive into the state of healthcare payments with the newly released Trends in Healthcare Payments Fourteenth Annual Report: 2023. This report is a must-read for healthcare leaders looking to gain insights into the latest industry trends and challenges. While the pandemic may be officially over, the healthcare industry still faces many obstacles to full recovery, as highlighted in this year's report. The report features both new trends and recurring challenges that require attention from healthcare leaders. Download the full report here to start the conversation about what's next for healthcare payments. #healthcarepayments #annualreport #healthcareindustry #trends #challenges

🔍 Unlocking Insights from Credit Balance & Refund Data 🔍 What can we learn from analyzing credit balance and refund data from 60+ health plans and ~1,000 U.S. providers? A lot. By understanding the root causes, we can help reduce billing errors and improve collaboration between payers and providers. Key insights: 1. High-performing revenue cycle teams see fewer billing error-related refunds and a higher rate of payer-driven refunds, reflecting stronger process cohesion. 2. Efficient systems lead to fewer false credits and self-inflicted billing errors, including non-charge adjustments and registration mistakes. 3. Hospitals with outdated billing systems experience higher rates of errors, underscoring the need for modern, streamlined processes to reduce inefficiencies. At Trend Health Partners, our quarterly reports drive transparency and actionable insights to help providers and payers proactively resolve issues, reduce errors, and streamline revenue cycles. Let’s work together to improve healthcare billing! 💡 We’re excited to share our latest Q4 Credit Balance Report, which provides an in-depth look at industry trends and best practices in credit balance management.⬇️ #TrendingUp #HealthcareRevenueCycle #CreditBalance #BillingErrors #HealthcareInsights #TRENDHealthPartners #PayerProviderCollaboration #COB

Just Released: The Fourteenth Annual Trends in Healthcare Payments Report! Learn about trends shaping healthcare payments with our in-depth, industry leading report.

Just released! The Trends in Healthcare Payments Fourteenth Annual Report uncovers the latest trends impacting providers, consumers and payers. Findings from this year's report show why the healthcare industry must embrace change.     Read this year's report for critical insights on the trends that need the industry's focus. https://lnkd.in/ga67nfHq   #HealthcareTrends #JPMorganHealthcarePayments 

Just released! The Trends in Healthcare Payments Fourteenth Annual Report uncovers the latest trends impacting providers, consumers and payers. Findings from this year's report show why the healthcare industry must embrace change.   Read this year's report for critical insights on the trends that need the industry's focus. https://lnkd.in/g7mYvh9v #HealthcareTrends #JPMorganHealthcarePayments