A advocate new online accommodating medical bill clearinghouse is set to advice added than 50 actor Americans and healthcare providers accouterment the growing botheration of contributed accommodating medical debt. IOUSOS™, Powered by GlobeFunder and GlobalTech Collection Services, is a Web-based belvedere that offers hospitals a added cost-efficient way to accord with aged, contributed accommodating bills now accretion an estimated $162 billion anniversary year. Recent numbers appearance that up to 50% of accepted age-old self-pay accommodating balances accord to humans who accept the banking adeptness to pay their medical bills The cold of IOUSOS™ is to animate consumers to crop added ascendancy and albatross for their healthcare bills By application IOUSOS™, patients can annihilate the abundant accountability of medical debt and acknowledge their healthcare provider in acceptable standing. IOUSOS™ is a compassionate, able and simple way for patients and bloom affliction providers to plan calm on contributed medical bills This online band-aid saves money and helps caregivers balance added acquirement so they can abide to accomplish while convalescent accommodating and healthcare provider relationships during this time of civic crisis.
Kalamazoo, MI -- A advocate new online accommodating medical bill clearinghouse is set to advice added than 50 actor Americans and healthcare providers accouterment the growing botheration of unpaid accommodating medical debt. IOUSOS™, powered by GlobeFunder and GlobalTech Collection Services, is a Web-based belvedere that offers hospitals a added cost-efficient way to accord with aged, unpaid accommodating bills now accretion an estimated $162 billion anniversary year.
The Problem:
"Recent numbers appearance that up to 50% of accepted age-old self-pay accommodating balances accord to humans who accept the banking adeptness to pay their medical bills," says GlobeFunder CEO and Co-Founder Brian Mullally. However, until now, there hasn't been a cost-effective way to bright up outstanding medical bills with patients and caregivers.
Meanwhile:
- The advancing bread-and-butter recession continues to aching both consumers and providers. The albatross for healthcare bills continues to about-face from allowance companies and the government, anon to consumers, Healthcare providers are challenged by the technology, operations and animal basic all-important to advance accommodating self-pay performance.IOUSOS™ as a Solution
"The cold of IOUSOS™ is to animate consumers to crop added ascendancy and albatross for their healthcare bills," says Mullally. "By application IOUSOS™, patients can annihilate the abundant accountability of medical debt and acknowledge their healthcare provider in acceptable standing."
The online band-aid offered by IOUSOS™ is ideal because it:
- Costs patients nothing. Avoids the altercation and concern associated with medical announcement and collections. Offers healthcare providers a way to compensate outstanding accommodating bills at a atom of the amount of a lot of centralized operations and accumulating agencies. Helps abstain abrogating media absorption that has afresh focused on healthcare providers who crop a added advancing access to accession behind accounts.How IOUSOS™ Works:
IOUSOS'™ web-based belvedere allows millions of consumers already accustomed with application online casework like eBay, Amazon and Priceline to save money. With IOUSOS™ they can accept a amount they can acquiesce in cooperation with their healthcare provider.
The action is simple:
1. Consumers annals on IOUSOS™ to achieve their contributed medical bills with their healthcare provider.
2. The healthcare provider is again notified and offered the befalling to accompany the IOUSOS™ arrangement in adjustment to accept actual accommodating debt repayments.
3. After a healthcare provider engages IOUSOS™, a account of behind accommodating accounts is beatific to IOUSOS™. Advanced analytics on IOUSOS™ advice actuate the accumulating and business efforts best ill-fitted to facilitate the transaction of the outstanding medical bills.
4. Patients with medical bills may be acceptable to accept a abatement and/or transaction plan.
Medical Debt Can Make Consumers Sicker!
A contempo abstraction challenges the use of aggressive, advancing accumulating practices in healthcare accommodating accounts receivable management. Indeed, an AP/AOL Survey conducted in 2008 shows that debt problems are a arch could cause of bloom ailments and delayed medical analysis for Americans:
- 27% of debtors ache from astringent depression.
- Medical debt acquired 45% of Americans to adjournment or abstain healthcare treatments because they could not acquiesce the costs.
"IOUSOS™ is a compassionate, able and simple way for patients and bloom affliction providers to plan calm on contributed medical bills," says Mullally. "This online band-aid saves money and helps caregivers balance added acquirement so they can abide to accomplish while convalescent accommodating and healthcare provider relationships during this time of civic crisis."
About GlobeFunder Receivable Solutions, LLC:
GlobeFunder is an avant-garde provider of chump healthcare banking solutions, allowance both patients and providers constructively accord with the growing catching of contributed medical bills. Interested healthcare providers can apprentice added and annals at www.globefunder.com. Interested consumers can appointment and annals at www.IOUSOS.com.
IOUSOS™ • GlobeFunder Receivable Solutions, LLC ©2009 • All Rights Reserved • Patent Pending
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