🇦🇺Australia

Out-of-Pocket Surprise Churn

1 verified sources

Definition

Failure to use OEC for future admissions (up to 12 months) misses coverage changes, resulting in unexpected patient costs and churn.

Key Findings

  • Financial Impact: 2-5% client churn; AUD 2,000-5,000 lost revenue per churned long-term care client
  • Frequency: Per inaccurate eligibility check
  • Root Cause: Not rechecking eligibility close to admission date

Why This Matters

Elderly services providers lose 5-10% clients annually from eligibility surprises. Automated OEC ensures informed consent.

Affected Stakeholders

Patient coordinators, Care managers

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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