The #1 reason patients default on medical bills is a lack of affordable payments options.
Collections increase when patients get bills they can afford. Seems obvious, right?
What is ProPatient?
A program allowing hospitals to provide patient payment plans with 0 percent interest financing for any out-of-pocket medical costs. The costs can be spread over years to make monthly payments affordable to the patients.
When a hospital or large practice accepts ProPatient plans, they receive the funds immediately, while the patient pays Parasail.
Parasail will service the plans for the repayment period, while patients retain a 0 percent interest rate. There are never any fees, and no recourse to the hospital should the patient default.
Consumers expect easy solutions customized for them—Parasail lets you offer them what they want with minimal effort.
Patients enroll in minutes and get approved instantly for a no-interest payment plan with affordable monthly payments. They’ll love you for it, and your collections will dramatically increase.
Why Parasail ProPatient is great for patients >
- Payments based on patient’s ability to pay
- Zero interest over the entire payment term
- Nothing is hidden; patient interest rates never change
Try Parasail risk-free. With no longterm commitment or set up fees.
Subsidize with existing discounts
Already offer prompt-pay discounts? Then you’re already subsidizing patient payments. But ProPatient plans allow you to collect that discounted AR immediately with no recourse.
Customized for you
Our proprietary model shows the risk profile of patients in your system. You choose which payment solution to offer patients, and they’ll get a 0% APR plan option.
Turn-key Servicing
Parasail can provide excellent servicing for your patients whether they get a ProPatient plan (where we purchase the debt from you) or you retain the AR on your own books.
Increase patient collections by 100% to 400%
with lower administrative costs
