Sending patients a bill they can’t afford means your bill will not get paid
Try this instead: $2,700 DUE NOW $400 AVAILABLE FUNDS $116/month 0% INTEREST for full term Hospital Paid immediately NO RECOURSE
As an example of how well this works: A hospital had a loss of 2 million, our program added 9.8 million to their bottom line…a large hospital with 15 billion would add 305 million in additional revenue!
HOSPITALS & PROVIDERS
Try it for 100 days RISK FREE and increase your collections 100%.
- No recourse
- No upfront fees
- No commitment
- Cancel anytime
- Low risk: paid up front
- Low exposure
- Integrate into your system
The portion of revenue that doctors and hospitals must collect from patients has increased by 380% and growing, and the collection rate only around .15 cents on the dollar. As hospitals, doctors and practices are forced to collect more from patients – due to higher deductibles and coinsurance – more patients are filing for personal bankruptcy. It is a vicious cycle that seems to only get worse over time. But when McKinsey asked patients why they defaulted on their medical bills, the number one reason was not unwillingness to pay, but a lack of payment options. That’s why the first-ever underwriting model that can show medical systems a patient’s likelihood of paying before they receive their first bill. Providers can now see what payment terms they should offer to receive the maximum rate of collection possible… all by offering their patients repayment terms that they can afford – with an effective 0% interest rate.
- Patients apply in less than two minutes – without affecting their credit.
- Proprietary underwriting model evaluates each patient’s ability to pay in real time and recommends the payment terms with the highest likelihood of repayment.
- Patients can access from your website, payment portal, or by email invitation from your staff.
- Patients receive 0% payment plan options.
- Pays you immediately, without recourse.
- We handle all payment plan servicing
Hospital bad debt has risen by 30-50% or higher
- 9 Hospitals filed for bankruptcy in 2017
- 26 Non-profit Hospitals face bankruptcy in 2018.
We offer free analysis to determine the proper program for you Hospital, Clinics, Veterinarian Hospitals, let us help you increase your collection by up to 400% and help improve your bottom line, and offer real solutions to your patients!