With deductibles resetting and premiums rising, do you have a strategy in place to maintain strong patient collections?
- Most patient deductibles reset on January 1, increasing patients’ out-of-pocket costs.
- Employee health insurance premiums are projected to rise an average of 6.0%.
- Higher patient responsibility is making it more difficult for KHA members to collect payments.
- Financial pressures on both patients and providers are expected to intensify in the new year.
As financial challenges escalate for both patients and providers, our SDAHO Enterprises endorsed partner, AblePay, offers a next-generation patient financial engagement solution designed to ease these pressures. AblePay delivers payment within 14 business days with no recourse, while assuming 100% of the financial risk for its members.
Patients and families benefit from savings of up to 13% or the option to extend payments over time with savings or 0% interest—without credit checks, denials, or propensity-to-pay scores. AblePay integrates seamlessly with your existing processes and allows you to keep your current vendors, supporting operational efficiency and staff productivity.
The result is improved collection performance, stronger patient satisfaction, and increased patient revenue at a time when it is needed most. SDAHO members are encouraged to contact AblePay now to prepare for the financial pressures of the new year. You can connect with Shelly Soupir, SVP, Provider Networks, at shelly.soupir@ablepayhealth.com or (402) 651-2103.
About AblePay
SDAHO Enterprises specifically chose our endorsed partner AblePay because they are the “antithesis” to these medical credit card programs and interest charges with how they address the affordability gap by helping patients either save up to 13% on medical bills or extend terms with 0% interest. For more information about the AblePay program please contact Shelly Soupir, SVP, Provider Sales at shelly.soupir@ablepayhealth.com or (402) 651-2103.
The SDAHO Enterprises’ Partner program was established to provide innovative and cost-effective solutions for our member hospitals and long-term care facilities across the healthcare continuum. The business partners selected are expected to meet high-quality standards and offer products or services which are designed to assist healthcare facilities avoid costs, recover revenue, reduce operating and capital expenses, improve management and quality, increase productivity, and develop staff resources.
