BridgeMed

Happy Independence Day!

Let's come together to honor the brave souls who fought for our liberty and the values we hold dear. Whether you're enjoying a backyard BBQ, watching fireworks light up the night sky, or spending time with loved ones, let's honor the land of the free and the home of the brave.

Is the healthcare industry really recession-proof?

Explore how economic fluctuations affect provider revenue streams, patient access and affordability, and gain insights into strategies that can help navigate challenging times.

Checkout the latest from the BridgeMed blog below.

Is Healthcare Recession-Proof? Discover the main factors that impact the healthcare industry during an economic recession and what hospitals and health systems can do to stay afloat.

BridgeMed understands the importance of convenience, and that's why our QuickPay Portal accepts multiple payment methods, offers automated payments, and makes it easy to pause or skip a payment without penalty. Learn more: https://hubs.li/Q01BTXs50

By partnering with , your hospital or health system can significantly reduce annual bad debt expense, increase , and improve the .

Allowing consumers to manage their medical expenses with flexibility and ease empowers them to make payments. With BridgeMed, everybody benefits.

Learn more & schedule a demo today: https://hubs.li/Q01yZ_9c0

Despite recent legislation surrounding , healthcare consumers still find medical bills confusing, resulting in a frustrating billing experience.

Offering programs have been shown to help patients better understand and manage their .

Read more:

Medical Bills Are Confusing for Nearly 40% of Adults, Survey Finds Almost 40 percent of Americans are confused by their medical bills, with many feeling uncertain about what they are being billed for or if they will be able to pay, according to a survey.

Hospitals in the United States have provided over $500 billion dollars in uncompensated care since the year 2000.

As patients struggle to pay out-of-pocket costs, hospitals and health systems face overwhelming .

Discover how solutions like can help reduce bad debt by giving consumers the option to finance their overtime.

https://hubs.li/Q01yYMc-0

How Flexible Payment Plans Can Reduce Bad Debt By giving patients the option to pay their medical bills over time, healthcare providers can reduce their bad debt.

Wishing everyone a safe and happy holiday season!

"Digital payments are doing things in healthcare financing that are reshaping a broken system"

Providers that offer innovative plans tailored to the consumer are able to better serve their patients and increase cash on hand.

Healthcare Financing Focus Is Shifting to Innovation and Omnichannel Approach Shannon Burke of Synchrony Health and Wellness tells PYMNTS healthcare payments will see an increased focus on a cohesive financial and clinical experience.

Why BridgeMed?

providers that partner with can increase revenue capture by up to 50% while improving the .

Check out our white paper to discover more benefits:

Why BridgeMed? Download BridgeMed's free whitepaper and learn how to drive revenue improve patient satisfaction with our non-recourse patient financing programs.

"For patients, the payment plans often mean something more ominous: yet more debt."

The majority of programs involve paying interest, hidden fees, and recourse rates for providers–piling on more debt for both patients and organizations while lenders reap the cash.

Learn more about the challenges Americans face with common patient financing partners: https://hubs.li/Q01vpQ0G0

As more Americans finance medical bills, debt grows and lender profits soar The interest piles on top of what patients already owe and the system favors those with higher incomes.

The BridgeMed QuickPay Portal makes it easy for patients to pay their medical bills by offering multiple payment methods, automated bill pay, and text/email reminders.

Get the care you need and pay on your schedule - it’s that simple.

Discover more benefits here: https://hubs.ly/Q01tNbrb0

With the rise of healthcare consumerism, patients expect a financial journey similar to that of retail industries. Learn how your hospital can benefit from contactless checkout below.

3 Benefits of Contactless Checkout in Healthcare Discover how contactless checkout can benefit patients and providers by saving time and money, increasing cash flow, and improving the patient experience.