Waystar: Poor Price Transparency is ‘Single Biggest Issue’ in Patient’s Financial Experience

March 27, 2020

In a sponsored article on HealthLeaders Media, Waystar outlines the patient’s need for more “financial clarity” during their health care journey.

Waystar points to a 2019 published in JAMA which suggests it’s becoming more likely for patients to be billed by an out-of-network provider despite having visited a hospital in their coverage network.

“Fixing this surprise billing problem has received widespread bipartisan support,” Waystar says. “While new legislation is crucial to fixing this problem, better revenue cycle management technology is also critical. Providers of all kinds need reliable tools that give patients a better sense of out-of-pocket expenses—solutions that bring clarity and speed to payment processes so patients can take a more proactive, informed role in their care.”

To read the full article, click here.

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