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 When patient-pay balances remain unpaid, hospitals are faced with a dilemma: they can keep sending statements and making collection calls in an effort to obtain a payment, or they can send their patients to collections. Both options are expensive and neither process has proven to be tremendously successful. Further, aggressive collection methods have the potential to result in community relations problems. CSI's compassionate loan programs solve these problems. |
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"The cash infusion provided by CSI helped us to achieve our year end goals of a reduction in days in A/R and improvement in days cash on hand."
Chief Financial Officer, Idaho Hospital "My husband and I wanted to thank you for providing us with a loan to pay our medical bill. My surgery was unexpected and the hospital bill was overwhelming. With your help we were able to pay off our debt in full. Thank you." Hospital Patient |
CSI provides hospitals and other healthcare providers throughout the United States with the ability to easily implement automated patient loan programs. Importantly, our programs are designed so that the majority of your patients will qualify for a loan. And, we do not require a written application from the patient. The CSI bank loan programs immediately:
Payment Plan Financing - A solution for your existing payment plans. This program is designed to transfer the patient balance to a bank loan and in turn, immediately fund the healthcare provider. Our bank honors the payment terms that you have already agreed to with your patients (zero or low interest programs are acceptable), and new balances can be added to the account as desired by the patient and the provider. Pre-Qualified Patient Financing - This program is designed for healthcare providers that want to offer financing to patients regardless of the patient's credit score. Please contact us for details. Loan Programs for Small Balances and Large Balances - CSI's loan programs are designed to meet your needs. Balances as low as $1 can be transferred to the bank programs. We have "make sense" solutions for risky high balances loans as well. Please contact us for details. CSI offers the most comprehensive variety of patient loan programs at the most competitive rates. To discuss which programs would best fit the needs of your facility, or to learn about our customized programs, please call us today - 800-383-6303 extension 9229. |
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