Medical Articles & News

How to Improve the Financial Experience for Addiction Patients

June 7, 2023 by Christopher Wolfington
Tags: Patient Financial Management, Provider, Medical Debt

Financial well-being can play a crucial role in addiction recovery. Managing one's finances is an integral part of the recovery process, as it provides a sense of stability and security that helps to prevent relapse. Money problems can arise during active addiction and can continue to be difficult for people in recovery. Not having enough money or not knowing how to manage it can make it harder to stay healthy and away from addiction. Many treatment providers have begun to recognize the importance of improving the financial experience for addiction patients. 

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How to Read Your Medical Bill

May 31, 2023 by Christopher Wolfington
Tags: Medical, Patient Financial Management, Patients

Trying to understand an invoice from your doctor or specialist can be frustrating because medical billing is notoriously complicated. Most invoices include a long list of services and fees that may not make sense to the average person. Learning how to read your medical bill and understanding the components of a medical invoice will help you avoid confusion and be better informed about your healthcare expenses.

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What Solutions Does FinPay Offer for Patient Financial Management?

May 17, 2023 by Christopher Wolfington
Tags: Patient Financial Management, Patients, Payment

When you need healthcare, you shouldn't have to worry about how you'll afford it or even how to understand your medical bill. Unfortunately, navigating medical costs can be so overwhelming that many people put off vital treatment. Don't put off healthcare when you need it; FinPay offers financial management solutions that can help you understand your bill, the healthcare cycle, and your options for managing your expenses.

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FinDigital Aims to Solve the Affordability Crisis in Healthcare

May 12, 2023 by Christopher Wolfington
Tags: Patient Financial Management, FinPay In The News, Press Release

FinPay™, a recognized leader in patient engagement and financial management, today announced the launch of the FinDigital® Suite, an advanced payment automation omnichannel platform.

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What Is FinPay?

May 3, 2023 by Christopher Wolfington
Tags: Patient Financial Management, Collection, FinPay Account

Navigating healthcare expenses in the United States has become increasingly complex as access to healthcare and insurance coverage has expanded. Without a comprehensive understanding of the healthcare system, patients often find themselves overwhelmed with their options and uncertain about how to make decisions that are in their best interest. FinPay helps simplify medical expenses through patient education and provider resources. But what is FinPay?

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5 Common Obstacles to a Positive Patient Financial Experience

April 12, 2023 by Christopher Wolfington
Tags: Patient Financial Management, Patients, Healthcare Consumer Experience

Having a good experience with a medical provider goes beyond bedside manner and office cleanliness. Knowing what to expect on the bill and the available options for paying what is owed are significant factors as well. Clearing the obstacles to a positive patient financial experience is critical for retaining business and receiving better reviews. Plus, patients are more likely to refer an office where they had a good experience.

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3 Common Misconceptions About Patient Financial Responsibility

April 5, 2023 by Christopher Wolfington
Tags: Patient Financial Management, Patients, Healthcare Consumer Experience

Determining what you're going to have to pay for treatment can be confusing and unclear. You might have trouble understanding what your insurance plan covers or what types of plans your doctor accepts. You're not alone. There are several common misconceptions about patient financial responsibility that you might also believe.

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3 Benefits of FinPay for Providers

March 15, 2023 by Christopher Wolfington
Tags: Patient Financial Management, Provider, Healthcare Consumer Experience

FinPay is a digital payment platform designed to assist healthcare providers with their medical billing and payment processes. It simplifies the entire process, from creating invoices to receiving payments. The benefits of FinPay for providers can improve the patient experience, streamline efficiency, and increase revenue.

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3 Ways to Avoid Medical Debt

March 1, 2023 by Christopher Wolfington
Tags: Patient Financial Management, Patients, Medical Debt

Medical debt is a growing issue that affects individuals and families across the nation. Many people struggle to pay their medical bills due to rising costs, coverage gaps, and unexpected expenses. As a result, they end up with massive amounts of medical debt that can be difficult or even impossible to pay off. Fortunately, there are several steps to avoid medical debt you and your family can implement.

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What Is the FinPay Pre-Care Solution?

January 11, 2023 by Christopher Wolfington
Tags: Patient Financial Management, Healthcare Consumer Experience

For many people in America, the U.S. healthcare system is frustrating, overly complex, opaque, and expensive. The intersection of patients, healthcare providers, insurance providers, drug companies, and governmental regulations is not well managed or streamlined and most often manifests in medical debt for patients and inefficient revenue collection for healthcare providers.

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