The Meduit Innovation Lab Blog

Healthcare Costs Predicted to Rise 7% in 2024

Posted by Meduit RCM on Jul 28, 2023 7:30:00 AM

Healthcare costs are expected to rise a whopping 7% next year, according to a new report by PricewaterhouseCoopers (PwC), which also reports that hospitals and physician groups are turning to contract renegotiations with health insurance companies to close the gap.  

While fair contracts are essential to survival, hospitals and provider groups across the country are missing tens of millions of dollars owed to them under CURRENT contracts.

Meduit can help with its Found Money Services. This group of solutions finds and collects cash, including:

  • Meduit Government Reimbursement: Identifies and collects every dollar missed in programs such as Medicare, Medicare Advantage and other uncompensated care (S-10) reimbursement areas
  • MedAccuPayTM: Locates unpaid and underpaid balances from closed patient accounts from all types of payers
  • MedQualifyTM: Identifies patients eligible for Medicaid and other charity enrollment opportunities

To learn how your organization can accelerate uncollected cash, get your copy of our Found Money Services overview document here:

Learn More Here

Read the full article from PwC here:

Read More Here