Price transparency in healthcare is essential for building patient trust, simplifying workflows, and driving practice growth. By offering clear pricing, practices not only empower patients to make informed decisions but also streamline operations, ensure regulatory compliance, and attract new revenue sources from self-funded employers and direct-pay patients.
Partnership to Feature Deployment of HealthMe’s Direct-Pay Platform to Power the OrthoForum Value Network, Expanding Patient and Employer Access to Value Based MSK Care
This blog post discusses the successful partnership between OrthoSC and HealthMe. By partnering with HealthMe, OrthoSC implemented a price transparency strategy, resulting in increased patient volumes, informed decision-making, and a user-friendly experience for self-pay patients, all while challenging traditional healthcare practices.
Introducing CareNav™, a turnkey solution designed to simplify the process of direct contracting with self-insured employers for independent medical practices. CareNav streamlines care navigation, offers transparent pricing, and eliminates intermediaries, allowing practices to focus on patient care and direct-to-employer relationships in the evolving healthcare landscape.
In their strategic collaboration with HealthMe, Orthopedic Associates, a successful independent surgical practice in St. Louis market, has successfully differentiated themselves by embracing transparent pricing. This approach has not only enhanced their patient experience and practice efficiency but also positioned them to achieve a 100% year-over-year increase in direct pay patient revenue.
The blog highlights direct specialty care's rise, enabling patients to reach specialists without referrals or insurance hurdles. It improves access, doctor-patient bonds, diagnoses, and simplifies healthcare, impacting both individuals and self-insured employers.
This post provides a background on surgical bundles and how they can beneficially impact the patient’s experience of care and the financial performance of independent specialty practices. We also discuss why it’s important for practices to “own the bundle,” and the benefits of deploying transparently priced bundles for direct payers.
This blog post highlights a successful collaboration between the Center for Sports Medicine & Orthopaedics (CSMO) and HealthMe. By implementing price transparency and direct-pay options, CSMO achieved revenue growth, improved patient experience, and positioned their practice to align with self-insured employers.
The Orthopedic Clinic of Daytona Beach (TOC) has experienced explosive growth over recent years and to support that growth the practice sought to streamline operations and meet consumer expectations for price transparency. TOC engaged HealthMe in 2022 and has delivered excellent patient experiences, reduced billing errors, and increased direct-pay revenue.
The five building blocks for positioning your medical practice to be consumer-friendly. Digital tools for patient engagement, appointments, telehealth, etc. are certainly in the mix. What is noticeably absent in the consumerization conversation is the informed discussion as to why price transparency must be a cornerstone strategy for effective consumerization.
The Institute for Orthopaedic Surgery & Sports Medicine (the Institute) is one of South Florida’s premiere destinations for orthopedic care. Read more about how HealthMe helped the Institute comply with the No Surprises Act.
HealthMe and Center for Sports Medicine and Orthopaedics (CSMO) in Tennessee partner to offer transparent pricing and Good Faith Estimates for Musculoskeletal Care in Tennessee.
A quiet revolution in healthcare payments has been taking place and it is building into a tsunami as out-of-pocket spending for healthcare has skyrocketed. In 2022, patients are the new payers and they are expecting the same digital experience they are accustomed to in every other industry.
Medical practices across the country are required by law passed in the No Surprises Act to provide patients with a "Good Faith Estimate" of the cost of their care before the patient is treated. These Good Faith Estimates must be provided in the patient's first language.
Because of our deep experience and technology platform required to bring transparent pricing to patients, we have just launched the HealthMe GFE Engine™. It is seamlessly integrated with the HealthMe direct pay platform and is ready for your use today. It’s fully tested with no additional software to install, no new equipment, and most importantly, has been legally reviewed and determined to meet current requirements.
HealthMe, a leader in direct payment solutions that enable medical groups and practices to provide transparent prices and a shoppable online marketplace, announced today at ViVE 2022 the launch and general availability of the HealthMe GFE Engine™. To date, 18 major orthopedic practices have adopted the HealthMe GFE Engine to stay compliant with the No Surprises Act and Good Faith Estimate (GFE) requirements.
The annual meeting of the American Academy of Orthopaedic Surgeons (AAOS 2021) is happening next week. HealthMe will be participating in a big way and we wanted to make sure you were aware of our participation in the hopes that you’re a) attending and b) able to stop by to participate and just say hello.
The team at HealthMe is excited to be able to interact again with healthcare industry friends and colleagues at some highly anticipated events this summer and fall. While Zoom has been a great go-to tool as a temporary replacement for in-person activities, we have to admit that we’ve missed these face-to-face interactions! Healthcare is a people business after all. Interacting with others is part of our nature.
What happens when a potential patient calls your office and asks to make an appointment? If yours is like most medical clinics, your front desk staff will ask a very common question: “What insurance do you have?”But, what if they don’t have healthcare insurance or self-insure? According to the Congressional Budget Office, about 31 million Americans did not have health insurance in 2020. With the impact of the pandemic, that number is likely higher today. Beyond the uninsured, 94 million Americans (60% of the U.S. workforce!) are employed by self-insured employers.
“What we’re trying to do is create an Amazon for health care, if you will,” Havig says. “We’re trying to give patients the ability to shop for health care via a digital marketplace like they shop for everything else.”
HealthMe was awarded the 2nd Runner Up prize for the 2020 Florida Early Stage Capital Conference in October 2020. The Early Stage Capital Conference is put on by Space Florida and the Florida Venture Forum each year to support the startup ecosystem in the state. In 2020, over 100 startups across the state of Florida competed in the competition, which involved pitching a virtual room of investors and venture capitalists. As 2nd Runner Up, HealthMe was awarded $20,000.
