erik.wiffin

In this article, I will explain why I think Stripe should start treating health insurance cards like any other 3.3”x2.1” pieces of plastic with 12 digits on them and take their slice of a $4.1 trillion industry. The situation Outpatient billing is expensive and unpleasant. According to a study published in 2017, doctors spend 21.8% of gross receipts on it. That means over 20 cents out of every dollar that comes into an outpatient practice gets spent on insurance-related administrative overhead.