Financial Growth Epic River

Epic River Blog

The latest news and industry trends

The Most Expensive Medical Procedures, Part 1

Healthcare in the U.S. is expensive — we all know that. We put a high premium on the time, effort, and skill of doctors, nurses, and administrators, and time spent in the hospital can quickly lead to a big bill. As a healthcare provider, you have dedicated your career to helping your patients, and with the right programs and partnerships, you can now extend the “do no harm” principle to your patients’ finances as well as their physical health. The Epic River Patient Lending program is made to benefit providers and patients alike with easy, low-interest loans and user-friendly software.
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Medical Loan Financing for Uninsured Patients with High Medical Costs

on Apr 13, 2019 4:45:58 PM By | Haley Clark | 0 Comments | Medical Loan Financing
While the ACA initially expanded health coverage for the previously uninsured, the number of Americans without an insurance plan rose by 700,000 in 2017.
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Hosted or On-Premise Medical Loan Financing Software: Which is Right for Your Practice?

on Apr 11, 2019 9:38:54 AM By | Haley Clark | 0 Comments | Medical Loan Financing
Cloud based software has become mainstream.
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Patient Financing, AI, and More: Predictions in Revenue Cycle Management for 2019

on Apr 9, 2019 12:33:51 PM By | Haley Clark | 0 Comments | Patient Financing
On Thursday, Healthcare Finance presented Seth Cohen of OODA Health’s predictions for revenue cycle changes by the end of 2019.
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The Hidden Flaw in No-Interest Patient Payment Plans

No-interest patient payment plans have long been thought of as great solutions for patients who can’t afford immediate payment. On paper at least, these types of plans seem legitimately beneficial, and healthcare providers and medical billing staff across the country truly believe that these plans are helping patients absorb the potentially disastrous financial impact of high-cost treatments. They believe it, or else they wouldn’t be offering them.
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How Patient Financing Helps Mitigate Declining Margins in Healthcare

on Apr 2, 2019 2:20:12 PM By | Haley Clark | 0 Comments | Patient Financing
Hospitals’ operating margins have decreased by 38.7% since 2015. One main cause explains this decline: expenses are growing at a faster rate than revenues.
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How to Set Your Bank Up for Success when Incorporating Health Care Loan Services

on Mar 31, 2019 8:54:03 AM By | Haley Clark | 0 Comments | Health Care Loans
Healthcare spending accounted for 18% of GDP in 2017. With a projected growth rate of 5.5% per year, smart banks are leveraging the advantages of this booming industry.
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Get Paid for Unrecognized Services with Health Care Loans

on Mar 28, 2019 11:03:10 AM By | Haley Clark | 0 Comments | Health Care Loans
Medical professionals are burnt out from the unpaid, non-medical services they provide.
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How Medical Lending Helps Commercial Banks Meet Business Objectives

on Mar 27, 2019 9:50:38 AM By | Haley Clark | 0 Comments | Medical Lending
Banks are vital to a healthy economy just like healthcare providers are essential for healthy citizens.
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How Medical Lending Assists in the Patient-Centric Approach

on Mar 25, 2019 11:19:44 AM By | Haley Clark | 0 Comments | Medical Lending
Some speculate the high amount of medical debt collections plaguing healthcare providers is associated with the rise in patient dissatisfaction.
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