How Patient Financing Solutions Can Improve Patient Outcomes

Patients are more inclined to seek medical care and follow through with essential treatments when healthcare providers offer patient financing solutions.

Providing patients with the option of manageable monthly payments, healthcare providers ease the financial burden on patients and empower them to access the treatment they need.

Benefits To Healthcare Providers

• Stronger Cash Flow – Flexible financing options enable patients to be consistent and reliable with their payments.
• Reduced AR – Reduce accounts receivable numbers, dramatically and quickly.
• More Focus On Patients – Patient financing and other convenient payment solutions allows healthcare staff to spend more time on patient care and less time handling financial issues and chasing patients for payment.
• More Patients – Healthcare providers who offer digital payment solutions, including patient financing attract more patients. Recent studies show that younger patients in particular are willing to switch to healthcare providers that offer digital finance and payment solutions.
• Improved Operating Margins – Offering non-recourse patient financing solutions mean healthcare providers get paid sooner, have less issues with debt and overall lower accounting costs.
• Patient Loyalty – Offering convenient, transparent financial support for patients fosters patient loyalty and trust.
• Works With Existing Practice Management Systems – The payment solution interface integrates with all existing practise management systems and is easy to
• Zero Risk – The patient financing solution is fully HIPAA Compliant and offers zero risk to the healthcare provider with full funding for patients.

Benefits To Patients Of Financing Options.

Surprise medical bills can wreak havoc on a patient’s budget with medical bills at the top of the list of what keeps Americans up at night, causing them to avoid seeing their doctor or to put off receiving essential treatment.

Healthcare providers who offer their patient’s the option of flexible patient financing solutions can enhance their practice and help patients who had may otherwise have to finance medical care via expensive credit card debt.

Explore Better
Payment Options
For Your Patients

Benefits Include:
• Reduced AR Rates
• Improved Cashflow
• Streamlined Operations
• Increased Patient Satisfaction

Email *

Name *

First

Last

Phone *

Company Name *

Learn More

You will be contacted by our page sponsor Rectangle Health

Your Privacy Respected

HIPAA Journal Privacy Policy

• Empowerment – patients can confidently access the treatments they need or elective procedures they want.
• Affordability – Spreading the cost allows patients to receive the care they need and budget appropriately.
• Fast Decisions – Financing is offered to patients just 30 seconds after applying.
• High Approval Rates – Even patients with low to mid-range credit scores normally get approved for financing.

As patients increasingly seek out finance to pay for medical bills, healthcare providers need to offer flexible patient financing solutions. This will enable them to reduce risk and protect their organization’s financial health while at the same time offering their patients a better experience.

Learn More About
Patient Financing

Improve the financial health of your organization and empower patients to access the treatment they need.

Email *

Name *

First

Last

Phone *

Company Name *

Learn More

You will be contacted by our page sponsor Rectangle Health

Your Privacy Respected

HIPAA Journal Privacy Policy

How Patient Financing Solutions Work

• Patient finance applications are started within a new finance interface that is added to the payment system and is straightforward for patients and healthcare providers.
• The status of finance applications are visible to the healthcare provider inside the payment system interface with no third parties required as part of the solution.
• Patients receive multiple payment plan offers just 30 seconds after applying.
• The healthcare provider receive payment shortly after the patient signs up for the financing.
• The practice doesn’t need to handle the payments after the patient signs up.
• With some exceptions nearly every single patient is approved for financing.
• The financing solutions integrate with your electronic health record (EHR).

Find Out More

Find out more about patient financing solutions by filling in a form on this page. You will be contacted by a member of staff from Rectangle Health our page sponsor.

You can ask questions, request a demonstration, or arrange a no risk evaluation, all with no obligation.

Since 1983 Rectangle Health has been providing financial technology solutions exclusively for healthcare organizations. Their fully HIPAA compliant solutions are used by over 60,000 healthcare providers in the U.S and they process over $6 billion of patient payments annually.

The HIPAA Journal has arranged a 25% reader discount on Rectangle’s list price for all their patient payment solutions.

By supporting one of our sponsors, you are helping The HIPAA Journal to continue to provide our news service free of charge.