The June survey — commissioned by Wolters Kluwer, a global provider of professional information, software and services in healthcare and other sectors — involved nearly 2,000 U.S. consumers, nurses, physicians and healthcare executives.
Three findings:
1. More than half of consumers (52 percent) don’t fill their prescribed medications due to cost.
2. 61 percent of millennials reported not moving forward with a medical treatment due to cost concerns. That’s compared to 31 percent of baby boomers.
3. Most consumers (78 percent) said they are likely to travel past the hospital nearest to them to a more distant hospital with a better reputation.
More information about the survey is available here.
More articles on healthcare finance:
6 hospitals hiring billing specialists
Medicare improper payments down $7B
Surprise-billing proposal targets provider directories
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.