6 Surprising Costs of Ignoring Patient Financing Solutions
Healthcare providers aim to deliver exceptional care, but rising economic pressures make that goal increasingly challenging. Patient balances over $7,500 tripled between 2018 and 2022 leaving many healthcare providers chasing down payments from patients. As a result, hospitals lose millions annually in unpaid bills and write-offs, while uninsured and underinsured patients face growing barriers to care. This article highlights the hidden costs of neglecting patient financing solution...