Medical debt is currently the single biggest cause of personal bankruptcies in America.
Despite the improvements made by the Affordable Care Act, patient debt continues to rise at an unprecedented rate and every hospital has special cases where a patient has more medical bills than they could ever pay, from an unfortunate situation that is no fault of their own. They want to pay. They really, really do but they just can’t. So they faithfully pay what they can, when they can, making every effort to make good on their debt. I bet you can picture that patient in your mind right now.
We want to help that patient.
That’s why we’re inviting you to join us on our crusade to Beat Patient Debt™, one payment at a time. Instead of giving prizes at conferences and events this year, we’re giving back. At every regional and national HFMA event we attend, for every provider who visits the Patientco booth, we will donate money to the Beat Patient Debt™ fund on his or her behalf. You will have the opportunity to process the donation yourself in less than a minute using our innovative Internet Cashier.
At the end of each event, we will donate the entire fund to help that patient from one of the participating providers.
In January we were able to help that patient at a Missouri hospital. Here is what happened…
“I just went up today and spoke with our patient that needs her COBRA covered for her cancer treatments. I explained where the donation came from to help with the next 2 months of payments. She started crying. She is so grateful. She is on the upside of her treatment right now. Her bills run about $60,000 per month and without insurance she would not know how to pay for the treatment. This will help her to keep her insurance for another 2 months!”
In February we were able to help that patient at a Georgia hospital as a result of funds raised at the HFMA Dixie Institute. And we’re just getting started.
We believe that working in healthcare is a tremendous responsibility- one that means more than just creating great patient payment technology. Together, we can Beat Patient Debt, one payment at a time.