A Solution for Patients and Providers
100%
of patients qualify – both U.S. and non-U.S. citizens
0
Surprise fees or prepayment penalties
100%
of the balance owed is paid up front to providers
TAKE YOURSELF OUT OF THE PAYMENT EQUATION
Many patients are unable to pay their medical bills in a lump sum, which often burdens providers with the task of managing and executing patient collections. Meduit’s Patient Financing solution is designed to free our clients from their collection duties. Instead, we connect patients with lenders who offer zero and low-interest loans with no credit check. The lender then pays our provider partners the balance they’re owed up front at no cost. The remaining amount becomes the responsibility of the patient and lender to settle, with terms that are mutually beneficial.
Meduit’s Patient Financing solution allows Meduit clients to focus
on delivering care, knowing there’s a mechanism to assist patients on their payment journey.HOW IT WORKS:
OUTREACH
Meduit connects with the patient and introduces their payment options.
SELECTION
The patient selects the terms that fit their monthly budgetary requirements.
SIGN-OFF
The patient reviews and signs loan documents via a user-friendly online portal.
LOAN ASSIGNMENT
The loan is immediately assigned to a partner bank.
PROVIDER PAYMENT
The bank pays Meduit’s client what the patient owes up front at no cost to the provider.
MONTHLY PAYMENTS
The bank bills patients monthly until the loan is paid in full.
NO SURPRISES
Payments can be made using pretax HSA dollars with no surprise fees or prepayment penalties.