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.

Medical professionals are burnt out from the unpaid, non-medical services they provide.

Banks are vital to a healthy economy just like healthcare providers are essential for healthy citizens.

Some speculate the high amount of medical debt collections plaguing healthcare providers is associated with the rise in patient dissatisfaction.

Many patients turn to marketplace lenders to finance medical procedures you can’t afford.

If you need money for care your insurance won’t cover, medical loan financing can help.

Incentives to Improve CRA Ratings The importance of improving your financial institution’s CRA rating has perhaps never been more keenly felt. Between the rumblings about updating the Community Reinvestment Act from Comptroller Joseph Otting and the U.S. Department of Treasury to the growing advocacy within American communities for more banking solutions, investing in and bettering CRA ratings has risen to the top of every local banker’s to-do list.

Medical loans are a great option for people who have poor or no credit and need medical care now.

If a patient hasn’t paid their medical bill in six months, they won’t pay it at all.

It’s no secret that U.S. healthcare is tremendously expensive from every angle — and for every participant. But the reasons behind these expense may be more complex than initially thought.