Revenue Cycle Case Studies
The 5 providers below have worked with HELP Financial to empower patients and cut bad debt up to 30% by converting in house payment plans to cashflow. HELP Financial has funded over $1.5 Billion to its provider partners at facilities from rural to urban, small to large, stand-alone to system. For more information, email Xander Younce.
Interested in how much cash your facility could recieve by converting oustanding payment plans to cashflow? Try our Payment Plan Calculator.
Saint Peter’s University Healthcare System Cuts Bad Debt by 30% With Patient Financing Partnership In the current market, healthcare providers are in a bind when it comes to collecting patients’ balances. With the increasing popularity of high-deductible health plans, patients owe more out-of-pocket than ever before. At the same time, patients tend to prioritize healthcare … Read more
Cameron Memorial Community Hospital: Bad Debt Dropped by 25% in Just One Year Another organization that got a fast return on its patient financing investment is Cameron Memorial Community Hospital, a critical access provider in the northeast corner of Indiana. As with the examples outlined above, Cameron Memorial needed a partner to take over existing … Read more
Tahoe Forest Health System: All Payment Plans Are Interest-Free for Close-Knit Community In the above two examples, HELP payment plans are interest-free for the first 12 months. Some organizations may want to give patients even more flexibility to pay off loans without interest for longer periods. For example, Tahoe Forest Health System is a rural … Read more
Spectrum Health Lakeland: Patient Financing Success Contributes to MAP Award Win Spectrum Health Lakeland is a community-owned health system providing care to patients in southwest Michigan. Like Avita, Spectrum Health Lakeland had its own internally-developed patient payment plans. Over time, it became apparent the organization was not equipped to manage those plans, since financing is … Read more
Avita Health System: Still Generating Positive Results After Six Years Avita Health System serves patients in Crawford, Richland, and Marion counties in central Ohio. Avita formed in 2011 when two community hospitals merged, and a couple years later was preparing to open a new facility. At the time, many patients were on long-term payment plans … Read more