| Medical Services Consumer Financing
Medical Services Consumer Financing Division offers patients extended payment terms with low monthly payments (5% of the outstanding balance or $25.00 which ever is greater) making it easier for them to pay their medical bills. This program allows patients to make smaller monthly payments over a longer period of time than they would normally be able to under current hospital guidelines. We offer low interest rate plans with no prepayment penalties.
Our program is designed to keep patients who want to pay their bill from going to bad debt collections. This will help improve community relations and lower overall collection costs.
Accounts can be processed electronically from the hospital or can be sent to us from an Early-Out Program. Patients who wish to finance their account will be sent detailed, monthly statements until their account has been settled. Our staff of trained Financial Counselors are available to assist patients with questions and help them set up payment arrangements.
When we receive the first minimum monthly payment on an account, the balance of the account (less service fee) is forwarded to the hospital, improving cash flow.
Accounts will be assigned to individual Financial Counselors who will follow up on broken arrangements and try to get the account back on a payment schedule. Each account will be thoroughly documented and our phone conversations recorded to ensure we are providing the highest quality customer service.
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