Bridging the gap between patient care and provider compensation
55% of patient responsibility is never collected by the healthcare provider.
Epic River is teaming up with local banks and credit unions around the country to offer an affordable patient loan program that protects the financial health of your patients and your practice.
You know all too well the challenge of balancing patient care and satisfaction with the need to secure timely payment for services rendered. And while you’d like to stay squarely focused on patient care, the realities of running a solvent medical practice can make this focus difficult.
The Epic River Loan Solution
The Epic River medical loan program solves one of the biggest financial challenges facing healthcare providers today–non-payment of patient bills–while preserving the financial health of your patients. By partnering with local banks and credit unions to offer affordable, fixed-rate loans with flexible payment terms…
- Patients get the care they need without jeopardizing their financial health
- Healthcare Providers are able to restore your financial solvency through receipt of timely compensation
- Community Banks & Credit Unions benefit from a new revenue stream while providing a valuable community service
The financial institutions we partner with guarantee 100% patient loan qualification, and compensation for providers within 60 days from the time of service. This enables you to stay focused on your patients. And your patients to stay focused on their health.
Why it Works
- Decreased AR and healthier cash flow
- Maintain patient trust and satisfaction
- Save time and money on payment collection
- Fixed rate, low interest loans easily payable online
- Self-selected loan terms
- Guaranteed loan approval and the potential to increase their credit score through on-time payments
Who is Epic River? Epic River is a patient lending solution that connects local community banks & credit unions with healthcare providers and their patients. Via the Epic River online platform, banks can provide fast and secure loans, patients can make easy online payments, and healthcare providers can receive timely payments from the lender for the patient’s financial responsibility. Like the rising tide that raises all ships, Epic River benefits all parties–from providers to patients to banks and credit unions–by providing financial stability and assurance.