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Revolutionizing Healthcare Payments with Innovative Financing with Chris Cox, Chief Strategy Officer at iVitaFi

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Manage episode 442038134 series 1457269
Content provided by Saul Marquez. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Saul Marquez or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

High deductible health plans have shifted a significant financial burden to patients, requiring new strategies for healthcare providers to collect payments.

In this episode, Chris Cox, Chief Strategy Officer at iVitaFi, talks about his experiences with debt management and the challenges faced by hospitals in collecting payments. He explains how iVitaFi helps healthcare providers by offering non-recourse financing options that improve patient accessibility and reduce financial burdens for hospitals. Chris discusses the impact of high deductible health plans and the importance of digital transformation in healthcare, emphasizing the need for a patient-first approach and the potential role of AI once foundational digital systems are in place. He also shares insights on overcoming challenges like launching during the COVID-19 pandemic and highlights iVitaFi's commitment to providing 0% interest loans to patients.

Tune in and learn how innovative financing solutions can enhance healthcare accessibility and streamline revenue cycles!

Resources:

  continue reading

1830 episoade

Artwork
iconDistribuie
 
Manage episode 442038134 series 1457269
Content provided by Saul Marquez. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Saul Marquez or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

High deductible health plans have shifted a significant financial burden to patients, requiring new strategies for healthcare providers to collect payments.

In this episode, Chris Cox, Chief Strategy Officer at iVitaFi, talks about his experiences with debt management and the challenges faced by hospitals in collecting payments. He explains how iVitaFi helps healthcare providers by offering non-recourse financing options that improve patient accessibility and reduce financial burdens for hospitals. Chris discusses the impact of high deductible health plans and the importance of digital transformation in healthcare, emphasizing the need for a patient-first approach and the potential role of AI once foundational digital systems are in place. He also shares insights on overcoming challenges like launching during the COVID-19 pandemic and highlights iVitaFi's commitment to providing 0% interest loans to patients.

Tune in and learn how innovative financing solutions can enhance healthcare accessibility and streamline revenue cycles!

Resources:

  continue reading

1830 episoade

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