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Epic River Patient Lending connects healthcare providers with financial institutions to offer patients low-interest loans for their medical debt. Our unique solution accelerates cash flow, reduces administrative burden, and virtually eliminates nonpayment risk for providers – all while offering patients a way to seamlessly pay off debt and build their individual credit scores. - 100% payment of patient charges – at no cost to the provider beyond initial setup - 100% patient approval rate – regardless of credit - Average of 5-6 days reduction in AR days - 20% improvement in collection rate success - 5 star rating on athenahealth Marketplace
The partnership between Epic River Patient Lending and athenahealth streamlines both billing staff communication with the patient and the loan setup process. With Epic River, you’ll be able to offload payment collections to your financial institution partner, who will bill the patient on a monthly basis and, if necessary, leverage industry best practices to recover any outstanding debt. Your days of risking your business to serve your patients are over.
Outsourced A/R in Five Easy Steps
With Epic River, providers can get back to patient care and leave the payment headaches to the loan servicers.
“Since transitioning our internal payment plans to Epic River, we have lowered our DAR by 8-10 days.” – Ann Wyatt, AR Specialist, Telluride Regional Medical Center
“Epic River is the single most quantifiable way to reduce AR days.” – Shelly Cassidy, Director of Business Services, Mary Lanning Healthcare
“Phenomenal. This is one of the best revenue tools we have implemented. The Patient Account staff considers Epic River Patient Lending one of the top improvements in the last 5 years.” – Bernie Hergott, Director of Patient Financial Services, Columbus Community Hospital