Healthcare providers are increasingly out of cash and in debt. In a 2023 survey, U.S. hospitals reported over $50 billion total in bad debt, with one in three reporting more than $10 million.
This whitepaper looks at some of the key drivers for these challenges, and the role modern patient payment and financing tools can play to help providers increase cash flow.
Download now to learn about:
- Current financial challenges for patients and hospitals, including the rising cost of care and more restrictive payor reimbursement policies
- The downsides of short-term payment plans and medical credit cards
- How embedded, long-term patient financing can help providers increase collectability
