Patient Savings 101: The Power Of Cash Payments In Healthcare With Korb Matosich

Benefits with Friends - The Rise of the American Healthcare Consumer

Lou will be joined by Korb Matosich, Co-Founder, CEO and Board Member of Asserta Health. Korb has an unusual depth of experience managing all sides of health care payment. He oversaw both Revenue Cycle Management and Payment Integrity businesses at Ingenix, now Optum, at UnitedHealth Group. He also served as the CEO of AAPC, an organization that certifies billers and coders. Asserta Health: Bulit on the foundation that the only way to make healthcare affordable is to pay for it the same way we pay for everything else – direct, transparent, immediate. Asserta Health, has created a real-time cash payment platform, called medEcash, that allows self-funded employers to pay a cash price at the time of service for high-cost medical care for covered members. This payment strategy results in dramatically reduced prices from network rates and saves money for both the employer and the member. It also eliminates the risk balance bills and helps ensure access for needed care. Asserta Health has processed over 40 million dollars across more than 21 thousand transactions using the medEcash platform to service 30,000 employee lives eligible for the cash payment program.