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Self-Pay Stream

Professionalselfpaystream.fm
Self-Pay Stream was developed to address the state of transformation that healthcare is experiencing in terms of financial responsibility. The increase in patient financial responsibility is turning patients into healthcare consumers and changing the way they pursue medical care. This podcast will focus on the new challenges being faced by healthcare organizations in this self-pay environment; from maintaining patient loyalty to optimizing recovery, we will bring together industry experts and cutting-edge data and behavioral science to provide the insights needed to stay competitive in this new evolution of patient care.
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Episodes

Managing CARES Act Provisions and Beyond

The CARES Act is the largest economic stimulus package in U.S. History, earmarking 175 million dollars for healthcare providers. Jeff, Lisa, and Hayden talk with Tony Andrade, Partner at the accounting firm Moss Adams, about how healthcare institutions can use these funds wisely and navigate the Paycheck Protection Program and Healthcare Enhancement Act. Music for this episode provided by JDUB Studio.

Jun 17, 202033 minEp. 10

Adapting Your Operation to the New Normal

In a time of uncertainty, leadership is all the more important. Jeff, Lisa, and Hayden talk with Tammy Bickle, Director of Revenue Cycle at Oregon Health and Science University, about leadership during the Covid-19 chaos. The team learns how the OHSU workforce is adapting not only to the Covid-19 pandemic but also to managing the crisis from home.

Apr 06, 202015 minEp. 9

Large Balance Denials, Part 2

A denial, according to HealthInsurance.org, “is the refusal of an insurance company or carrier to honor a request by an individual, or his or her provider, to pay for healthcare services obtained from a healthcare professional." According to Becker’s & Conifer Health Solutions, “an estimated $262 billion of the $3 trillion in claims submitted by hospitals in 2016 were initially denied, representing an average of $4.9 million in potential losses per hospital, according to a 2017 study of more...

Mar 20, 202027 minEp. 8

Large Balance Denials, Part 1

A denial, according to HealthInsurance.org, “is the refusal of an insurance company or carrier to honor a request by an individual, or his or her provider, to pay for healthcare services obtained from a healthcare professional." According to Becker’s & Conifer Health Solutions, “an estimated $262 billion of the $3 trillion in claims submitted by hospitals in 2016 were initially denied, representing an average of $4.9 million in potential losses per hospital, according to a 2017 study of more...

Mar 11, 202055 minEp. 7

OK Boomer, What are You Going to do About Medicare?

The topic of Medicare tends to elicit an "Ok Boomer" response in millennials, but we haven't seen much dialogue about this program. In this episode, our hosts Jeff Johnson, Lisa Kirk and Hayden Reese discuss the problems associated with Medicare, how technology is helping to address this issue, and what we can all do to make improvements on our healthcare system.

Dec 30, 201930 minEp. 6

The Impact of Robocalls on Consumers

A recent article from Forbes reports “In the U.S. alone, there were 47.8 billion robocalls made in 2018, and is a staggering 56.8% increase compared to 2017, which is concerning for a lot of Americans." In this episode, our hosts Jeff Johnson, Lisa Kirk and Hayden Reece unpack robocalls: what they are, how they are used and what consumers should know about how to deal with them.

Nov 26, 201924 minEp. 5

Why Don't People Pay Their Bills?

There’s an old adage in self-pay collections: there are three types of people; those who will pay their bills, will pay but need a nudge, and those who won’t pay. With specifics to medical bills, some individuals certainly can't afford to tackle those expenses, however, some people are able to pay but refuse to do so. In this episode, our hosts Jeff Johnson, Lisa Kirk and Hayden Reece discuss the complexities of why individuals don't pay their medical bills and how limiting consequences on those...

Oct 03, 201919 minEp. 4

Nudges for Patient Financial Decision Making

Do you ever let an important decision fall through the cracks? It seems like no amount of mental reminders can help you take the next step. In this episode, our hosts Jeff Johnson, Lisa Kirk, and Hayden Reece, who serves as an on-staff behavioral scientist at Professional Credit, discuss Behavioral Economist Richard Thayer's nudge theory and how practical applications can influence patient financial decision making.

Aug 08, 201922 minEp. 3

HFMA Special Edition: Innovation and Disruption

This HFMA Special Edition includes our podcast hosts, Jeff Johnson and Lisa Kirk, discussing innovation and disruption with conference attendees, Kelly Smith of Oregon Health and Science University and Dhruv Sikka from WellNow Urgent Care, at the HFMA Annual Conference in Orlando, Florida from June 22nd to June 26th, 2019.

Jul 11, 201927 minEp. 2

Patients and Digital Engagement

In the premier episode of Self-Pay Stream, our hosts Jeff Johnson and Hayden Reece, join Professional Credit’s Lisa Kirk and Stephanie Rhoades, the Director of Revenue at Oregon Medical Group, to discuss the importance of using digital channels for financial engagement and the generational differences that may arise when transitioning to new forms of communication. Stephanie offers a healthcare provider’s take on the value of modernizing the patient billing experience while we examine using digi...

Jun 20, 201927 minEp. 1
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