News & Resources

Equitable Patient Billing

Healthcare equity refers to the principle of ensuring fairness and justice in healthcare access, outcomes, and resources for all individuals. When applied to patient billing, healthcare equity means that individuals should be charged for healthcare services based on their ability to pay and the cost of the services, rather than their personal characteristics or circumstances.

Cost to Collect

Healthcare revenue cycle leaders work tirelessly to develop a structured and convenient payment experience for all patients with the goal to increase self-pay collection rates while remaining cost-effective.

Patient Financing Evaluation

Healthcare providers must carefully evaluate their patient financing options and consider the costs and benefits of each form of financing before offering a program to their patient population.

Community Impact

Across the country, each community has a unique set of strengths, opportunities, and needs. In collaboration with our provider partners, Medfinancial developed a formula to support health care organizations while helping families confidently navigate their patient billing journey.

Making Healthcare More Affordable with Patient Financing

It is not breaking news to point out that healthcare can be expensive and put individuals/families in a difficult position when it comes to paying for medical services.