1. How to Compare Medical Loan Financing Companies

    The total cost of a loan is one of the most important factors to consider when comparing medical loan financing companies. Taking out a medical loan is an excellent option for patients who can't pay their medical bills in full. With so many companies in the medical financing industry, though, patien…Read More

  2. Medical Loan Financing for High Patient Debt

    Patient obligations are rising and, according to this study, high medical debts are more difficult to collect than low ones. With climbing insurance deductibles and the number of uninsured or underinsured people increasing, patient debts are bound to follow. To keep up, healthcare providers need bet…Read More

  3. Maximizing Deposit Opportunities

    Work With Healthcare Providers and Their Patients Deposit growth is critical for the success of any financial institution. Without it, banks can’t fund the loans that consumers want and need. However, attracting new deposit opportunities isn’t quite as simple as it used to be. Let’s just say t…Read More

  4. 3 Reasons to Use Patient Financing Over Medical Credit Cards

    Patient financing is the best way to pay for medical bills. Surgeries and medical procedures are expensive, especially for patients who don’t have insurance. Uninsured people often choose to take out a line of credit or apply for a medical credit card because they think this is their only option. …Read More

  5. Patient Financing Industry Opportunities and Threats

    The patient financing industry is about to experience a period of growth. According to IBIS World’s Patient Financing Industry US report, revenues have already increased by 3.3% annually since 2015. In 2019, the industry is projected to see an even larger rise in revenues due to an overall increas…Read More

  6. Patient Loans: Your Key to Underserved Banking Consumers

    Consumers with little or poor credit, poor repayment histories, and longstanding negative account balances are, understandably, not typically thought of as “ideal customers” for banks and other financial institutions. Indeed, these profiles, along with consumers with low or volatile incomes, hav…Read More

  7. 4 Reasons Patients Don’t Pay Their Medical Bills

    As hospitals and healthcare providers across the country know well, getting patients to pay their medical bills can be a challenge. As we discussed in a recent blog, studies show that healthcare facilities lose hundreds of millions of dollars in unpaid services, and many doctors cite this difficulty…Read More

  8. Healthcare Price Transparency and its Effects on Your Business

    Healthcare price transparency laws have become increasingly popular in the U.S. Indeed, 29 states currently have at least one law on the books related to healthcare providers detailing costs. There is also a growing surge of bipartisan support for more, and better, details to help patients determine…Read More

  9. Banking Industry Trends 2019

    Growth and Profit at Community Banks and Credit Unions At the end of every year, pundits like to publish think pieces on banking industry trends. 2019 is no different, so we thought we’d add our hat to the ring with our predictions for what will most impact growth and profit at community banks. Pl…Read More

  10. You Don’t Have to Be a Doctor and Debt Collector

    You likely chose a career in medicine because you are dedicated to helping patients and offering high-quality care. But many physicians have seen their roles change as healthcare insurance and patient payment options have evolved. If you don’t want to work as a healthcare professional and a billin…Read More