Bankadelic’s “Bank to School” special episodes have ranked among our most popular over the years, and our five guests this time around raise the GPA to new heights. Join Professor Lou as he quizzes them about 2023’s teachable moments, the banking industry’s honor-roll-worthy innovations, their agendas for learning — and the best excuse each one had for not turning in their homework. This podcast is also featured in Talking Biz News - Heath Freeman’s continued newspaper greed, Sacramento Mag shutters, Qwoted 100 superstar: TBN Ticker for Sept. 8

In the ever-changing landscape of healthcare economics, there has been a disproportionate increase in hospitals' bad debt. Over the past three years, hospitals are grappling with over 45% surge1 in bad debt stemming from self-pay patients post adjudication (11% in 2018 to over 57% in 2021).

As technology continues to shape the way we conduct our financial transactions, it's becoming increasingly clear that FinTechs and online lenders are challenging the traditional model of banking. However, community banks are not sitting idle in the face of this disruption. Instead, they are embracing BankTech partnerships to leverage their current suite of services and stay ahead of the curve.

WHERE: The COCC New York Event will take place from Sept. 27 to 29, 2023. Epic River will present on Thursday, Sept. 28 from 1:00 to 2:00 p.m. EST at the Otesaga Resort Hotel in Cooperstown, N.Y. Epic River, a prominent player in patient financing solutions, is set to present on patient lending at the upcoming COCC New York Client Meeting. The presentation will delve into the intricacies of patient lending, exploring how credit unions can leverage such programs to strengthen member relationships, expand their loan portfolios, and drive interest income. The partnership between Epic River and COCC, a leading financial technology provider, allows credit unions to tap into a wider pool of loan volume and an additional revenue stream. Simultaneously, this collaboration empowers hospitals to provide their patients with affordable financing options, thereby enhancing the overall patient experience. The event will offer valuable insights into the evolving landscape of patient financing and the pivotal role credit unions play in bridging the gap between healthcare providers and patients. By attending, financial professionals can gain a deeper understanding of how patient lending programs can benefit both their institutions and the communities they serve.

Can Community Banks Capitalize On Available Talent?

While most adults are comfortable budgeting around mortgage and auto payments, many are now struggling with unforeseen liabilities. According to the Survey of Income and Program Participation, 1 in 10 American adults owe medical debt, with millions owing more than $10,000.

It’s no secret that the past two years have put a substantial clinical and financial strain on our medical system. Epic River sat down with a handful of industry experts to get their perspectives on how RCMs and providers can offset rising labor costs and prepare for a hopeful rebound in the summer of 2022.

Misconceptions about who’s opting in for patient financing could be costing your organization money. To help healthcare providers and RCMs get a clear picture of the average patient borrower, Epic River reviewed the loan data of more than 30,000 patients. The results may surprise you.

Medical imaging falls under two distinct categories -- diagnostic radiology and interventional radiology – and is relied upon by every sector of the healthcare industry. Used to diagnose injury and disease, monitor treatment, and predict outcome, access to radiology services is the key to saving lives.