The IDR caseload is up by 53% compared to the previous quarter

Statistic Info

This is a dramatic increase in the number of people needing assistance with their medical bills. It is clear that more people are struggling to afford healthcare and are seeking relief through IDR solutions. The cost of healthcare has increased significantly in recent years, making it difficult for many individuals and families to keep up with payments. As a result, more patients are relying on debt relief programs like IDR to help them manage their medical expenses.

Author: RevCycle Intelligence

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Physician Providers

The largest and smallest healthcare companies make up 81% of bankruptcies

Patients’ interest in receiving text message notifications about their medical bills rose by more than 30% this year from 2022

Urgent care center claims grew by 70% in the past 5 years

Uninsured rate fell 18% during pandemic

The IDR caseload is up by 53% compared to the previous quarter

A year after the federal government launched the IDR process under the No Surprises Act, over 330,000 balance billing disputes have been filed

97% of practices reported that their patients experience delays or denials for medically necessary care due to prior authorization requirements

35% of medical groups said they spend upwards of 35 minutes on an average prior authorization request. Nearly 5% reported spending 91 minutes or more on a single request

Almost 6 in 10 practices saw 15%+ of their patients either switch from traditional Medicare to Medicare Advantage or between Medicare Advantage plans

95% of practices provide care to patients covered by Medicare Advantage, and 75% report they are seeing an increasing number of these patients

More 2023 Stats

The largest and smallest healthcare companies make up 81% of bankruptcies

Patients’ interest in receiving text message notifications about their medical bills rose by more than 30% this year from 2022

Urgent care center claims grew by 70% in the past 5 years

Retail clinic claims volumes have shot up by 200% in the past five years, according to a new report

Uninsured rate fell 18% during pandemic

The IDR caseload is up by 53% compared to the previous quarter

A year after the federal government launched the IDR process under the No Surprises Act, over 330,000 balance billing disputes have been filed

97% of practices reported that their patients experience delays or denials for medically necessary care due to prior authorization requirements

35% of medical groups said they spend upwards of 35 minutes on an average prior authorization request. Nearly 5% reported spending 91 minutes or more on a single request

Almost 6 in 10 practices saw 15%+ of their patients either switch from traditional Medicare to Medicare Advantage or between Medicare Advantage plans