Jan. 23, 2015 — At least one in six healthcare providers offer their community a patient loan program. And, with the continued increase in high deductible plans, more providers are implementing patient friendly loan programs. Usage is expected to surge by as much as 50% this year. However, the industry’s reputation still suffers from the poorly … Continue reading “Patient Loan Programs Have Changed for the Better”
Category: ClearBalance Blog
Overcoming the Patient Pay Problem Requires Patient Engagement
Dec. 16, 2014 — Health insurance coverage alone is not indicative of patients’ ability to pay their medical bills. As consumers increasingly gravitate toward high-deductible health plans (HDHPs) because of the low premiums, many still cannot afford the high deductibles, thus creating greater amounts of bad debt. Providers are revisiting collection efforts, hoping to engage patients … Continue reading “Overcoming the Patient Pay Problem Requires Patient Engagement”