Why Patient Financing Has No Simple Solutions
Kimberly Scaccia describes why patient financing is one of the most challenging areas on the revenue cycle road map. Recourse programs are spreading across the industry, but TriHealth recently exited one because of the patient dissatisfaction and operational complexity it created. Without recourse as an option, leaders are left balancing external early-out vendors, traditional collections, and internal staffing, while navigating evolving regulatory guidance on consumer financial protections in healthcare debt.
Key Takeaway
When recourse programs are not an option, patient financing strategy must shift to upfront education: helping insured patients understand that their out-of-pocket obligation is determined by their payer, not the health system.
“Recourse programs are becoming more common across the industry, but in my experience at my last organization and especially here, they often come with a significant cost to patient trust and satisfaction.”
Kimberly Scaccia, Vice President of Revenue Cycle, TriHealth
From the clip to strategy.
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