Hospitals’ operating margins have decreased by 38.7% since 2015. One main cause explains this decline: expenses are growing at a faster rate than revenues.

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.

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

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

As a medical provider, your number one concern is always that of patient health and safety. So what happens when outdated billing practices make it challenging for a patient to pay off their medical debt or worse, inadvertently prevents them from seeking the care that they need? In June 2017, the CDC reported that nearly 40 percent of Americans between 18 and 64 years old have a high-deductible health insurance plan, and that 15.5 percent of them reported difficulty paying their medical bills. It is an unfortunate fact that many individuals who seek care often can’t afford their out-of-pocket portion of the resulting bills because of these high deductibles.