American HealthCare Lending to Demonstrate Leading Patient Financing Platform at the MGMA 2014 Annual Conference

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American HealthCare Lending will showcase their innovative non-recourse patient financing platform designed to bridge the patient affordability gap caused by rising healthcare costs at the MGMA 2014 Annual Conference

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We charge the provider no transaction fees, and patients never have to worry about retroactive interest, prepayment penalties, or term lengths that aren't long enough to make the monthly payments affordable.

American HealthCare Lending (AHCL) the leading non-recourse patient financing platform serving health systems, physician groups, surgical centers, and other healthcare providers, will exhibit their innovative financing platform at the MGMA Annual Conference held October 26-29 in Las Vegas. The MGMA Annual Conference brings healthcare providers together to learn and collaborate about new methods to deliver the best possible patient care.

With recent major shifts in the U.S. healthcare system, and the implementation of the Affordable Care Act, patient out-of-pocket responsibility has been increasing at a dramatic rate. J.P. Morgan predicts that out-of-pocket patient payments could top $420 billion by 2015, a 68% increase in just five years. One of the major reasons for this increase comes from rising deductibles, which increased by 154% in 2013 alone. As leaders in the healthcare industry gather in Las Vegas for the MGMA Annual Conference, this topic of rising patient responsibility plans to be a major topic of discussion.

American HealthCare Lending has spent years developing a product for healthcare organizations to Make Healthcare Affordable™ for patients facing high out-of-pocket costs. Shaun Sorensen, CEO of AHCL explains, “The payment environment for the patient and the provider is in the midst of a considerable change. We need to stay ahead of these challenges to ensure that patients are able to receive the treatment they need and deserve.”

American HealthCare Lending has been disrupting the healthcare industry by delivering affordable patient financing to patients, while charging the provider no fees per funded loan. The financing program gives healthcare providers a powerful tool for out-of-pocket balances up to $100,000. Instant loan decisions can be obtained 24/7 on any device without affecting the patient’s credit score.

Alternative patient financing options, at times, are not in the best interest of the patient, featuring shorter term lengths and charging retroactive interest. “We want our product to be something that benefits the patient and the provider,” says Graham Anderson, Vice President of Marketing at AHCL. “We charge the provider no transaction fees, and patients never have to worry about retroactive interest, prepayment penalties, or term lengths that aren’t long enough to make the monthly payments affordable.”

Representatives for American HealthCare Lending will be attending the conference to answer any questions and will be located at booth 301.

About American HealthCare Lending. Based in the “Silicon Slopes” of Salt Lake City, Utah, American HealthCare Lending is the premier non-recourse patient financing company for health systems, physician groups, and other healthcare providers in the bariatric surgery, fertility, cosmetic dentistry, plastic surgery, spine and neurosurgery and behavioral health markets. American HealthCare Lending has pioneered the Financing as a Service™ (FaaS™) model, and offers both patients and providers an easy-to-use online financing solution that can be accessed from the provider’s office, at home, or on any mobile device. As one of the true innovators in healthcare financing, American HealthCare Lending’s revolutionary financing platform charges the provider no fees per funded loan, offers instant decisions, upfront funding, non-recourse loans up to $100,000, and a team of knowledgeable lending consultants to assist the patient and provider throughout the entire loan process. Over 1,000 provider locations throughout the country offer American HealthCare Lending and hundreds of new providers subscribe to its financing service every quarter.

CONTACT: Graham Anderson American Healthcare Lending 888-602-6066 x 111 graham(at)americanhcl(dot)com

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