Recourse vs. Non-Recourse Patient Financing
How do recourse and non-recourse financing plans affect patients? There are some considerations to keep in mind when evaluating non-recourse solutions.
Choice
A Solution That Works for
You and Your Patients.
3 solutions in one, Choice delivers the options that will offer the most flexible patient financing solution possible.
Choice
A Solution That Works for You and Your Patients.
3 solutions in one, Choice delivers the options that will offer the most flexible patient financing solution possible.
Designed to Give
Patients a Choice.
Our patient financing platform delivers the industry’s most comprehensive set of solutions with programs designed for balance after insurance, catastrophic bills of any balance, and partial financial assistance. All patients have the option to select a 0% interest payment plan or can choose a low interest payment plan with lower monthly payments.
- All patients qualify
- No credit reporting
- No minimum or maximum balance
Choice
Choice is ideal for patients with high deductible health plans.
Program Highlights
- Balance less than $10,000
- 0% interest option available
- Low interest option available with lower monthly payments
Choice Plus
Choice Plus is ideal for patients with catastrophic bills. We offer affordable fixed rates with no balance caps.
Program Highlights
- Balance less than $10,000
- 0% interest option available with extended terms
- Low fixed interest rate option available
Choice Outreach
Designed to reach patients with partial financial assistance, this package gives the greatest flexibility for the patients who need it most.
Program Highlights
- Available for any balance
- 0% interest for life of account
- Patient pays a low % of balance owed
Program Highlights
- Balance less than $10,000
- 0% interest option available
- Low interest option available with lower monthly payments
Program Highlights
- Balance less than $10,000
- 0% interest option available with extended terms
- Low fixed interest rate option available
Program Highlights
- Available for any balance
- 0% interest for life of account
- Patient pays a low % of balance owed
AI-Driven Technology Increases Collection Rates and Drastically Lowers Recourse.
We are innovators in patient financing with an AI-enabled approach that manages recourse to industry lows while sharing the upside of increased collections with our partners. 100% of patients can choose from multiple payment options without discrimination.
More patients pay in full.
AccessOne provider collection rate average1
97% pay in full
Hospital Self-Pay Collection Rate2
25.5% payment rate
1 Choice 0% interest program
2 Based on inpatient self-pay balances between $1,451 and $5,000 (2017 Crowe Horwath Study).
Less recourse for you.
AccessOne Provider Average
3-5% recourse
Industry Average
± 15% recourse
- Multiple funding models available to meet unique provider needs
- Engage every patient with a non-discriminatory solution
- 3rd party validated study proves our solution drives positive payment behavior
You’re in Good Company.
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Not sure if Choice is right for your health system?
