Automated Loan Closing for SBA and the Paycheck Protection Program

on Apr 9, 2020 2:10:00 PM By | Jessica Toney | 0 Comments | News
FOR IMMEDIATE RELEASE Loveland, Colorado, April 9, 2020— ProSign Online, powered by Epic River, the simple, secure, and compliant eSignature solution developed for financial institutions, is proud to announce financial institutions now have the ability to embed SBA applications on their websites as well as facilitate SBA-compliant loan closings.
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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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Epic River Partners with athenahealth to Offer No-Cost Solution for Patient Nonpayment

on Jul 19, 2018 11:06:20 AM By | Jessica Toney | 0 Comments | News Blog
See the original press release here:
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Even the Most Well-Informed Patients Struggle to Pay

on May 2, 2018 8:09:21 AM By | Jessica Toney | 0 Comments | News
Lately everyone is talking about strategies for improving upfront collections, providing estimates to patients sooner, clarifying patient expectations, and so forth. All of this is an effort to improve collection of patient responsibility. With the rise of high-deductible health plans (HDHPs), providers have been forced to adjust their collections processes in order to maintain financial health. According to a revenue cycle survey conducted by The Advisory Board Company, hospitals have doubled their median point-of-service collections over the last four years.
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4 Ways Your Medical Bill can Improve Your Credit Score

on Apr 12, 2018 10:17:33 AM By | Jessica Toney | 0 Comments | News
"Eat right."
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Removing the Cloak of Credit Invisibility

on Mar 20, 2018 10:16:06 AM By | Jessica Toney | 0 Comments | News
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Patient Responsibility Increased 11% in 2017

on Mar 6, 2018 8:47:39 PM By | Jessica Toney | 0 Comments | News
A new study by TransUnion revealed patient payment responsibility increased 11% in 2017. Of all patient out-of-pocket costs per visit 39% were over $500. When you combine this new information together with the findings from the Federal Reserve Economic Report - 35% of adults would be unable to make all of their other bill payments in full if faced with a $400 emergency.
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Preparing for Price and Quality Transparency in Healthcare

on Feb 27, 2018 8:46:08 AM By | Jessica Toney | 0 Comments | News
Florida joined what has become a swift national trend towards transparency in both healthcare price and quality. According to the National Conference of State Legislators, “In the past decade, health care price transparency or disclosure has emerged as a hot topic in state legislatures, as a strategy for containing health costs. States, the federal government and the private sector have enacted legal requirements and initiated programs that aim to shed light on the costs of health care services.”
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Thank you, but I'll pass on that important medical procedure.

on Feb 20, 2018 10:26:04 AM By | Norman Woolworth | 0 Comments | News
We have all had some visibility to the effects of the high-deductible health plans (HDHP); however, I'm not sure how many people predicted the behavior that many medical providers are seeing from their patients. In an article published in The New York Times, the study described numerous interviews with patients that indicated they had to make difficult decisions to put off care because of the cost for which they were now responsible. Here is one of the more shocking examples:
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Collections Hurt Patient Credit, Even After Payment

on Feb 13, 2018 9:08:37 AM By | Jessica Toney | 0 Comments | News
It's no secret that use of high deductible healthcare is on the rise, the amount of each deductible is on the rise and most patients are not prepared to pay their deductibles.  Insurance companies want the patient to have some skin in the game when it comes to their cost of care.  So much so that most contracts between providers and insurance companies specifically prevent the hospital or physician from discounting patient deductibles.
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