Patient Finance
Stimulating cash flow with patient finance - Newsemia | 9/10/2020
x COVID-19 COVID-19 (Coronavirus) is a new illness that is having a major effect on all businesses globally LIVE COVID-19 STATISTICS FOR World …
Epion Health Announces New Patient Services Solution | PR Newswire | 9/1/2020
… offer patient-specific, meaningful services aligned with patient and provider goals. These high-quality services are presented to patients based on their unique needs and can range from health education and pharmacy information to patient finance and behavioral health programs. “Our healthcare providers are being asked to do more with less resources than ever before, and our clients have challenged us to help them be successful in this new way …
A Guide to Financing Your Cosmetic Procedures in the Age of COVID-19 | 8/14/2020
Posted by Debbie Overman Aug 13, 2020 Patient Finance 0 One devastating effect of the COVID-19 pandemic is the rapid surge in unemployment, which is at its highest level in more than 70 years. With more Americans out of work and paychecks slashed, you’d think demand for aesthetic treatments would dwindle, but similar to “The Lipstick Effect” during the 2008 recession (lipstick sales remained high despite economic fallout), in …
This advanced patient finance underwriting model is powered by HFD’s platform and Enova Decisions’consumer lending and real-time analytics expertise. By using Enova Decision’s core capabilities in artificial intelligence, machine learning, and data analytics , HFD can bring modern underwriting capabilities to patients seeking alternative payment options for elective treatment. Recommended AI News: Research Innovations, Inc. Wins Call Order to Deliver Advanced Data Analytics to the Department of Justice’s MLARS “Enova …
BAKERSFIELD, Calif. , June 4, Healthcare Finance Direct (HFD), a leading FinTech company, and Enova Decisions, an analytics company, today announced a strategic partnership to build the new standard of patient underwriting for elective healthcare providers. This advanced patient finance underwriting model is powered by HFD’s platform and Enova Decisions’ consumer lending and real-time analytics expertise. By using Enova Decision’s core capabilities in artificial intelligence, machine learning, and data analytics …
PrimaHealth Credit Enables Orthodontists to Accept Credit Challenged Patients | 3/23/2020
Posted by Tonya Johnson Mar 23, 2020 Financial Management 0 The new patient finance solution helps dental professionals serve underbanked patients, who represent approximately 48.9 million adults. PrimaHealth Credit , a California-based fintech startup, has expanded its patient financing solution to serve underbanked patients. One in five households in the United States are “underbanked” and have limited options to finance elective care procedures, leaving many to forgo needed treatment such …
Hard truths about the state of the healthcare industry | 1/1/2020
… Advantage for All is most likely. A larger shift to value-based payment would only delay, not end, a move to a universal coverage system. Hospital finance leaders need to walk through their organizations’ patient finance processes to ensure user-friendliness. Big changes are coming during the year and decade ahead, so where are healthcare’s leaders? Joseph J. Fifer, FHFMA, CPA, remembers when he was a 23-year-old senior …
LendingClub Reports Third Quarter 2019 Results | PR Newswire | 11/5/2019
… to Non-GAAP Measures. “ (2) All share information and balances have been retroactively adjusted to reflect a 1-for-5 reverse stock split effective as of July 5, 2019. (3) Comprised of education and patient finance loans, auto refinance loans, and small business loans. Beginning in the third quarter of 2019, this category no longer includes small business loans. LENDINGCLUB CORPORATION OPERATING HIGHLIGHTS (Continued) (In thousands, except percentages and number …
… for justification in accurate payer reimbursement. Works with both internal and external staff and families regarding the unique process of genetics testing and coordinates the various progressions for payer’s medical necessity criteria. Coordinates with Patient Finance to guarantee the precise CPT/ICD-10 codes to be sent to payers for reimbursement. Serves as a Lead in assisting the Manager with quality assurance, performance management, staff development and training in regards …
Patient Finance Associate - Orlando, FL, , USA #jobs #Orlando pls RT | 9/18/2019
Job Detail for Patient Finance Associate Job Location: HealthWave Recruiting, Orlando, FL, , USA Job Detail for Patient Finance Associate Job Location: HealthWave Recruiting, Orlando, FL, , USA Jobs In Patient Finance Associ Orlando Jobs In Patient Financ… Jobs In Patient F… Job DescriptionHealthWave is hiring for Patient Finance Associates with a healthcare company in Orlando. This person works with patients and their families to meet financial obligations for services rendered. Responsibilities …
(USA-TX-San Antonio) Patient Finance Service Analyst-Intermediate | 8/2/2019
University of Texas Health Science Center Patient Finance Service Analyst-Intermediate in San Antonio , Texas Patient Finance Service Analyst-Intermediate …
… business operations. Companies Mentioned Ajeva Aurora Quick Care CareCredit CareSpot ClearBalance ClearGage Concentra Denefits E-Financing Solutions FastMed Lending Club Patient Solutions LendingUSA MinuteClinic NextCare PatientFi Prosper Healthcare Lending RediClinic Reliance Medical Financial SimpleSelect Patient Finance U.S. HealthWorks Wells Fargo For more information about this report visit https://www.researchandmarkets.com/r/etacmw About ResearchAndMarkets.com ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you …
GreenSky, Inc. (GSKY) Q1 2019 Earnings Call Transcript - Nasdaq.com | 5/7/2019
… sales. And in our elective healthcare segment, during the same period, we have brought on a 700-door national dental service organization, or DSO, expected to generate in excess of $200 million of annual patient finance volume, 350 additional clinic locations offering Allergan licensed noninvasive body sculpting procedures, a large national dental practice management software sponsor integrating the GreenSky patient solution platform as its primary first-look patient finance utility …
Supervisor, Patient Finance Services - Seattle, WA | 4/21/2019
MEMBERS ONLY SIGN UP NOW Job Description Supervisor, Patient Finance Services’,’191019’,’Revenue Operations Management’,’Washington-Seattle’,’Days’,’40 hours per week’,’40 hours per week’,’7:30 am - 4:00 pm’,’7:30 am - 4:00 pm’,’Monday - Friday’,’Monday - Friday’,’’,’’,’! !Honored as Top Hospital of the Decade by The Leapfrog Group, Virginia Mason in Seattle, WA, is internationally recognized as a preeminent organization that is focused on transforming health care. True to …
… a decade, Aquina has assisted thousands of medical professionals nationwide in growing their businesses by providing capital, accelerating cash flow and delivering financial flexibility. Aquina’s full product suite will benefit from this upgrade, including patient finance product Curae Finance, patent pending claims reimbursement application Via (formerly known as Remit ATM) and working capital and growth accelerator tool Praxis (formerly known as Remit eXL). Together, these tools aim to deliver a …
LendingClub Reports Third Quarter 2017 Results | PR Newswire | 11/7/2017
… the third quarter of 2017, contribution and adjusted EBITDA exclude income/loss attributable to noncontrolling interests. Prior period amounts have been reclassified to conform to the current period presentation. (3) Comprised of education and patient finance loans, small business loans, and small business lines of credit which are less than 10% of the volumes presented individually. (4) Includes loans invested in by the Company for which there are no associated …
… calls for it, such as patient pain after surgery, and that in itself could “be dangerous.” Jim Newton/News-Sun Left to right, Gateway Foundation Lake Villa Program Director of Adult Services Rachel Obafemi, Patient Finance Services Supervisor Barbara Wigginton, Executive Director Karen Wolownik Albert and Program Director Bennie Haywood meet in the Administration Building on the shoreline of Colombia Bay in Lake Villa. Left to right, Gateway Foundation Lake …
Patient Financial Engagement
Patient Financial Engagement: Essential to Hospital Goals for Pre- and Point-of-Service Payments - Healthcare Industry Analysis by Loyale Healthcare Share Article Making it easy for patients to pay in advance or at point of service leads to a number of well-documented advantages for both hospitals and patients. But most hospitals lack the ability to engage with patients in a meaningful conversation about price, affordability and payment when it …
… that doesn’t measure up to the high standards associated with their clinical care. Put plainly, these providers are putting revenue at risk. At Loyale Healthcare, we’re proud to have been chosen as the patient financial engagement platform for HCA Healthcare , recently recognized as one of healthcare’s most valuable brands by BrandFinance. Working together with HCA and other healthcare enterprises across the country, we’re bridging the gap between what patients expect …
Patient Financial Experience
… platform’s extraordinarily intuitive user interface puts valuable patient financial information at the fingertips of HCA personnel on site and at call centers around the country to enable the enterprise-wide delivery of consistent patient financial experiences. And because of its usability, patients are much more likely to serve themselves. Patients are demonstrating that, with an experience that’s as easy to use as the online retailers they already love doing business …
Most readers are probably familiar with the popular pizza delivery app that shows the status of a pizza delivery order from the moment it’s ordered to the point when it’s on its way. This seemingly simplistic application instills confidence that the order is correct and will soon arrive to be enjoyed. Confident about their order and its status, customers are less likely to consider competitors and are relieved of needless …
Healthcare Financial Management
… way to go before it can truly address the financial stressors afflicting patients and their providers LAFAYETTE, Calif. In November of last year, the results of an informal industry poll conducted by the Healthcare Financial Management Association ( HFMA) at its Annual Meeting, were published. The survey, sponsored by Loyale Healthcare partner Parallon titled, “ Analyzing pre-payment and point-of-service collections efforts ”, offers some telling insights into healthcare’s readiness to …
… Pain into Gain .” In it, we turned our attention to a set of challenges identified in Navigant Consulting ’s “5 Pain Points for Revenue Cycle Executives”, which was developed after Navigant and the Healthcare Financial Management Association (HFMA) surveyed revenue cycle executives. The five pain points identified in the analysis follow: 1. Optimizing the return on the Electronic Health Record system (EHR) investment 2. Enhancing Patient Engagement 3. Improving Clinical …
Medical Billing
MACON, Ga.–(BUSINESS WIRE)–Nov 26, 2019– AccessOne , a leading provider of patient financing options designed to help consumers manage their healthcare costs, announced today that it will serve as the exclusive patient payment plan provider for Navicent Health , a health system licensed for over 1,000 beds serving central and south Georgia. The partnership offers consumers increased flexibility when it comes to paying for care, with a range of programs …
Medicare’s Price Transparency Rules Alone Don’t Deliver What Patients Need - a Patient-First Approach Does - Industry Analysis by Loyale Healthcare Share Article The Center for Medicare and Medicaid Services has proposed far-reaching new rules requiring hospitals and health plans across the U.S. to make prices for many of their more common procedures available to the public. The industry is realizing that this alone will not empower patients with the …
Centers for Medicare and Medicaid Services
Medicare’s Price Transparency Rules Alone Don’t Deliver What Patients Need - a Patient-First Approach Does - Industry Analysis by Loyale Healthcare Share Article The Center for Medicare and Medicaid Services has proposed far-reaching new rules requiring hospitals and health plans across the U.S. to make prices for many of their more common procedures available to the public. The industry is realizing that this alone will not empower patients with the …
Earlier this year, the Advisory Board published a popular story titled “ASCs (Ambulatory Surgical Centers) are growing even faster than you think. How can hospitals respond?” In it, Advisory Board Senior Analyst Jackie Kimmel described the economics driving the growth of Ambulatory Surgical Centers and the threat this trend poses for hospital inpatient revenue. Ms. Kimmel also lays out several strategies hospitals can pursue to preserve revenue and protect or …
Revenue Cycle Management
… knowledge of EHR functionality, and carefully targeted interventions — as well as the organizational infrastructure to accomplish them.” In other words, the study suggests, EHR systems alone are insufficient for keeping a health system’s revenue cycle management and operating revenues in top form. This is especially true given the way most health systems are using these systems. Achieving revenue cycle excellence calls for “Interventions to set a framework for EHR optimization …
… place for most hospitals and health systems - with Electronic Health Record system companies like Epic , Cerner , Athena and AllScripts for comprehensive clinical management; existing point solution providers like TransUnion and Experian for patient revenue cycle management; larger-scope technology and services players such as Parallon , Optum , nThrive , and Waystar ; and specialty patient financing and payment processing companies such as CareCredit and First Data , Global Payments , PayPal , Square , Total System Services …
Electronic Medical Record
… on their EHR systems for patient financial engagement fall short when measured by the most important stakeholders - patients themselves. Loyale Healthcare published an article on this topic in June of this year titled, “ Electronic Medical Record Systems: Powerful for Clinical Engagement, a Liability for Patient Financial Engagement ” In our analysis, we acknowledged the many crucial advances in care and administration that these systems have enabled. We also shared important observations …
Electronic Medical Record Systems (EMRs): Powerful for Clinical Engagement - A Liability for Patient Financial Engagement - Healthcare Perspectives from Loyale Healthcare Share Article First developed in the early 1970s as clinical data repositories, major developments in the early part of the 21st century propelled the evolution of EMR systems to keep pace with ever-expanding industry requirements. Though these systems offer many benefits, their considerable operating and financial costs have created …
Change Healthcare
Earlier this year, the Advisory Board published a popular story titled “ASCs (Ambulatory Surgical Centers) are growing even faster than you think. How can hospitals respond?” In it, Advisory Board Senior Analyst Jackie Kimmel described the economics driving the growth of Ambulatory Surgical Centers and the threat this trend poses for hospital inpatient revenue. Ms. Kimmel also lays out several strategies hospitals can pursue to preserve revenue and protect or …
Digital Disruption in Healthcare - Six Ways to Engage Patients for Better Consumer and Provider Outcomes: A Healthcare Industry Analysis by Loyale Healthcare, LLC Share Article The healthcare industry in America is facing profound structural change, driven by a swelling chorus of demands from patients, employers and regulators. Many healthcare providers are finding that survival itself may be at stake, but some are finding the tools and strategies to stay relevant …
Cerner
… financial engagement with a consolidated bill each depends on the use of open architecture technology that can integrate and interoperate with multiple source systems in all healthcare settings, including: Acute care settings – Epic , Cerner and others …
… good news on this seemingly murky landscape, the building blocks for a consumer-centered enterprise are already in place for most hospitals and health systems - with Electronic Health Record system companies like Epic , Cerner , Athena and AllScripts for comprehensive clinical management; existing point solution providers like TransUnion and Experian for patient revenue cycle management; larger-scope technology and services players such as Parallon , Optum , nThrive , and Waystar ; and specialty patient …
nThrive
… like Epic , Cerner , Athena and AllScripts for comprehensive clinical management; existing point solution providers like TransUnion and Experian for patient revenue cycle management; larger-scope technology and services players such as Parallon , Optum , nThrive , and Waystar ; and specialty patient financing and payment processing companies such as CareCredit and First Data , Global Payments , PayPal , Square , Total System Services and Worldpay . Leveraging these systems, providers can support robust telehealth delivery, achieve price …
… and reduce costs and inefficiencies. Within Revenue Cycle alone we are seeing platform companies emerge with designs on holistic services capabilities. As with most industries at, or nearing, maturity - players such as Waystar, NThrive and Change Healthcare represent the beginning of a large-scale consolidation where platform leverage is the essential approach for any healthcare company that expects to survive. Loyale Healthcare is an active proponent for integration to cure …
Morgan Stanley
… just the first of many acquisitions and mergers designed to offer a more comprehensive suite of services to the patient. It probably won’t be long before other high-profile banks like Goldman Sachs, Morgan Stanley , Citigroup , Bank of America and others enter the fray. Possible acquisition targets will be handicapped by their ability to feed financial services platforms core product volumes. Many potential acquisition targets are also pursuing their own …
GreenSky, Inc. (GSKY) Q1 2019 Earnings Call Transcript - Nasdaq.com | 5/7/2019
… on a 700-door national dental service organization, or DSO, expected to generate in excess of $200 million of annual patient finance volume, 350 additional clinic locations offering Allergan licensed noninvasive body sculpting procedures, a … next question comes from the line of James Faucette with Morgan Stanley. Your line is now open. James Faucette – Morgan Stanley – Analyst Great. Thank you very much for the question. You mentioned that there had …
HCA
… status, customers are less likely to consider competitors and are relieved of needless anxiety and frustrating follow up. The non-trivial investment to develop and operate this application fulfills a primary customer need. Healthcare, by contrast, represents the ultimate in non-transparency. This is particularly true when it comes to patients’ financial experiences. As a result, some frustrated patients simply decline to pay or delay payment. The same consumer who …
Hospital Patient Revenue Cycle: Providers Can Turn Pain into Gain - Industry Analysis by Loyale Healthcare Share Article When Healthcare Revenue Cycle Executives were asked what their top five pain points were, their responses painted a picture of an industry struggling to adapt to today’s increasingly consumer-driven marketplace and frustrated with the performance of existing systems. Some trailblazing providers are elevating revenue cycle and forging innovative partnerships to help show …
Kevin Fleming
… the capacity to attend to it, now is an opportune time to improve the performance of existing patient-pay portfolios and prepare for better long-term financial performance after the crisis has passed - Kevin Fleming, CEO, Loyale Healthcare LAFAYETTE, Calif. (PRWEB) April 01, 2020 Across the country, hospitals are hurting. Those that are actively engaged in treating COVID-19 patients are struggling to secure life-saving material such as personal …
… that unified these many disparate systems, delivering patients and their providers the information they need to help cure healthcare’s financial woes. We at Loyale are excited to be a part of that revolution. Kevin Fleming is the CEO of Loyale Healthcare About Loyale Loyale Patient Financial Manager™ is a comprehensive patient financial engagement technology platform leveraging a suite of configurable solution components including predictive analytics, intelligent workflows, multiple patient financing …
Tom Casey
LendingClub Reports Third Quarter 2019 Results | PR Newswire | 11/5/2019
… 28.1 $ 95.8 $ 69.1 Adjusted Net Income (Loss) $ 8.0 $ (7.3) $ (4.8) $ (28.3) Third Quarter 2019 Financial Highlights Commenting on financial results, Tom Casey , CFO of LendingClub said, “We are again raising our Adjusted EBITDA and Adjusted … as of July 5, 2019. (3) Comprised of education and patient finance loans, auto refinance loans, and small business loans. Beginning in the third quarter of 2019, this category no longer includes small business loans …
LendingClub Reports Third Quarter 2017 Results | CNBC | 11/8/2017
… seeing operating leverage as we continue to scale and invest in reducing friction and creating efficiency in our products,” said Tom Casey, LendingClub CFO. “We closed our third quarter with $20.9 million in adjusted EBITDA … to the current period presentation. (3) Comprised of education and patient finance loans, small business loans, and small business lines of credit which are less than 10% of the volumes presented individually. (4) Includes loans …
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