With Achieve, Everybody Wins!
At hospitals thoughout the United States, self-pay bad debt is on the rise.
According to a 2009 survey by the HFMA, 97% of all US hospitals are experiencing increases in self-pay balances. The fastest growing category: balance after insurance.
What is driving the problem? Rising out of pocket expenses, the shift to High Deductible Health Plans (HDHPs) and Health Savings Accounts (HSAs), underinsurance, and billing confusion all play a role. But for some people, it has little to do with healthcare: it's all about credit card debt. They are stretched to the breaking point.
The average American has over $9,000 in credit card debt and pays over 25% per year in interest. For many, there is simply nothing left over at the end of the month to pay "non-essential" bills.
Achieve solves this problem for patients and providers alike by lowering interest rates on credit cards and freeing up hundreds—if not thousands—of dollars in additional cash flow for participants. A part of this new cash flow is then used to repay the hospital.
Everybody wins.
Find out how Achieve can help your Hospital, Clinic, or Practice Group.
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