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MyLoans + AWS = Great News for Healthcare Financing

Written by Jessica Toney | Nov 24, 2014 4:23:26 PM

Amazon Web Services (AWS) has been slowly but sure dominating the cloud hosting world.  Today MyLoans™ Healthcare Financing team is proud to announce it now fully supports AWS deployments.  Utilizing the Relational Database Service (RDS),  Simple Storage Service (S3) and Elastic Compute Cloud (EC2) MyLoans can now be deployed in seconds with no capital outlay for hardware and an infinite ability to support your MyLoans roll out.  Amazon's successful execution and audit of nearly every major assurance program has enabled us to provide a cloud delivery option to our financial institution customers while meeting their stringent compliance requirements.

According to Steve Wood, Senior Partner at Epic River, "AWS allows our Financial Institution customers to maintain the network control and compliance they desire while significantly improving implementation times and infrastructure scalability."

If you think AWS sounds neat but there is no way it would clear risk and IT, take a look at this whitepaper, and it just might change your mind.

AWS has enabled MyLoans™ customers to deploy for less than $100/month and automatically scale the size, availability and recoverability of the database and web application.  We have been producing software for financial institutions long enough to know the glacier-like speed of technology adoption in this industry, but we see the writing on the wall and MyLoans™ Healthcare Financing is ready for the next step forward for IT infrastructure in financial institutions.

About MyLoans™

By providing patients with fast access to medical loans at a fair and unchanging interest rate, the MyLoans™ software by Epic River enables financial institutions to ease the financial stress of health care through collaboration with medical providers. Not only can medical providers offer a federally insured and fully regulated patient financing between banks and patients for medical care needs, but doctors and hospitals alike can finally get immediate funding of their patient’s outstanding balances. Additionally, financial institutions gain new customers and interest income with little administrative overhead in exchange for servicing the loan. For more information, visit www.myloans.co.

About Epic River, LLC
Since its inception in 2005, Epic River has been providing high quality software services aimed at solving process-intensive problems. With a focus on high quality and rapid delivery, Epic River’s methodology accelerates the process of innovation while keeping a firm grasp on the business case behind the application, enabling our partners to grow their market leadership. The company’s unique approach to the agile methodology and user experience ensures both parties work closely together every step of the way. Whether you’re looking to expand into new technologies or markets, need a custom internal tool, assistance with architecture, or simply need someone you can trust to make technology decisions, Epic River is at your service. For more information, visit www.epicriver.com.