Healthcare providers are looking for new ways to improve patient care since patient satisfaction is vital for good HCAHPS scores.

When a financial institution has a poor Community Reinvestment Act (CRA) standing, it may be due to difficulty connecting with low-to-moderate income (LMI) borrowers.

Patients are growing more and more dissatisfied with healthcare. In part, this is because practicing medicine has become more business-like than ever.

The total cost of a loan is one of the most important factors to consider when comparing medical loan financing companies.

Patient obligations are rising and, according to this study, high medical debts are more difficult to collect than low ones.

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 that a free toaster doesn’t go as far as it once did. Instead, savvy banks have been scanning the landscape for unexpected deposit sources, and then marketing themselves as the bank of choice via a robust combination of products and services.

Patient financing is the best way to pay for medical bills.

The patient financing industry is about to experience a period of growth.

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, have long been flagged as too risky to fully serve.

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 for the reason they gave up owning an independent practice. Epic River wants to help your facility find a solution.