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3 Things You Can Do Now to Prepare Your Business Office for the Months Ahead

on Mar 25, 2020 8:00:00 AM By | Norman Woolworth | 0 Comments | Team
We are truly in unprecedented times. The ripple effect of the COVID-19 pandemic has only started to make its way through our industry. With the expected increase in hospitalizations, many affected patients will be responsible for most, if not all, of their deductible in 2020. As you know, business offices feel the effects of spikes in volume after caregivers do.
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Loan Self-Enrollment Capability Empowers Patients and Alleviates Billing Burden for Providers

on Mar 23, 2020 12:34:44 PM By | Jessica Toney | 0 Comments | patient loans
A growing number of patients are self-enrolling in the Epic River patient lending program and everyone is winning. Patients are getting the care they need with a loan solution they can afford and providers are recouping timely payment for services without the burden of billing. The key to this winning scenario is patient self-enrollment. And it’s more of a game-changer than you might think, here’s why...
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Outsourcing Patient Payment Plans is Good for Patients, Practices and the Medical Field

on Mar 5, 2020 8:51:53 AM By | Jessica Toney | 0 Comments | healthcare billing solutions
Many medical providers have made the shift to outsourcing their patient payment plans. The reason? In-house management can be exorbitantly expensive, inefficient and ultimately a losing proposition for providers.
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Are Your Employees Burnt Out? Here’s How Health Care Loans Can Help

on Feb 19, 2020 7:25:57 PM By | Jessica Toney | 0 Comments | Health Care Loans
A recent poll of 1,746 healthcare leaders found that 73% of them feel wither somewhat or completely burnt out. Burnout stems from intense and prolonged workplace stress. When it goes untreated, burnout can lead to physical and emotional exhaustion, which may manifest as feelings of depersonalization and diminished personal accomplishment.
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Patient Satisfaction Linked to Revenue: How Healthcare Loans Can Help

on Feb 19, 2020 7:16:45 PM By | Norman Woolworth | 0 Comments | patient satisfaction
As a healthcare provider, your margins depend on the patients who come through your doors. Indeed, a 2019 survey of US hospitals and health system leaders found that 30% of those surveyed consider flat or declining inpatient volumes as putting the greatest pressure on revenues.
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How to Boost Patient Satisfaction, Increase Retention Rates, and Improve Your Practice's Success

on Feb 13, 2020 6:10:40 PM By | Norman Woolworth | 0 Comments | Patient Financing
According to a recent RAND study, “high-performing” providers excel in the quality of, cost for, and access to care. But that’s not all. The study also showed that patient satisfaction contributes to a practice’s success, especially when it comes to retaining patients.
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HEALTHCARE LENDING PARTNERSHIP DELIVERS SOLUTION BANKS, PROVIDERS AND PATIENTS NEED

on Jan 21, 2020 1:27:26 PM By | Jessica Toney | 0 Comments | News
Finastra, Epic River Combine Lending Network, Compliance Technology For Patient Medical Debt Relief
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Despite Peak Political Noise… Some of Healthcare’s Biggest Problems Can be Solved Right Now

on Jan 12, 2020 10:03:56 AM By | Norman Woolworth | 0 Comments | medical loans patient lending patient loans
The healthcare debate rolls on with hot rhetoric off the charts this political season. Despite calls for repealing the ACA or expanding Medicare for all, the already-broken system is not likely to be torn asunder anytime soon. Though frustration remains high, some of healthcare’s most pressing financial problems can be solved right now, within our communities and without government intervention.
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Providing a New Patient Experience: Financial Care

on Jan 12, 2020 8:44:34 AM By | Norman Woolworth | 0 Comments | medical finance medical loans patient lending
From the emergency room to the accounting department, healthcare professionals want to support their organizations’ mission to deliver care, to do no harm, and to be part of a team that builds goodwill in their communities. But with today’s high-deductible insurance plans, patients pay more out of their own pockets, healthcare providers deplete more resources on collections, and billing managers find themselves in a regrettable new role: creditor. This wasn’t the professional path they chose, nor is it a path toward a positive patient experience.
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Health Care Loans to the Rescue: How to Save Declining Volumes, Patient Satisfaction, and Revenues

on Oct 25, 2019 11:16:09 AM By | Jessica Toney | 0 Comments | Health Care Loans
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