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?

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.

Finastra, Epic River Combine Lending Network, Compliance Technology For Patient Medical Debt Relief

See the original press release here: https://www.prweb.com/releases/2018/07/prweb15624140.htm

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.

"Eat right."

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.

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.”