Revenue Cycle

Doctors not prepared to counsel on patient finance

Patient Financial Services Weekly Advisor, October 10, 2008

A new survey reveals that most doctors are inadequately prepared to counsel patients on the newer, consumer-directed health plans, Forbes reports.
The plans, which are designed to put more responsibility for healthcare decisions on the individual patient, often include health savings accounts and have high deductibles.
But 43% of doctors said they have heard very little about these consumer-directed plans, and less than 48% believe they are prepared to address financial matters with their patients.
“I think as these plans roll out, it's really important to educate doctors about (them) and about some of the differences between these plans and more traditional models of insurance,” said study co-author Dr. Craig Pollack, as reported in Forbes.
To read the full story, click here.

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