HELP Financial Corporation

HELP Financial Corporation Analysis

Founded in 1989, HELP Financial Corporation has been a pioneering force in patient financing solutions for over 30 years. The company's commitment to providing affordable and accessible financing options has resulted in invaluable partnerships with healthcare providers, aiming to ease the burden of out-of-pocket medical expenses for patients.

HELP Financial's Patient Financing Solutions, which include Credit Line, In-House Plan Funding, and Pre-Service options, have received industry recognition, earning the esteemed "Peer Reviewed by HFMA" designation in 2020. This acknowledgement underlines HELP's dedication to delivering comprehensive and effective revenue cycle patient payment solutions.

Based in Plymouth, Michigan, HELP Financial has demonstrated substantial impact, having funded over $2 billion to provider partners, served 1.5 million guarantors, managed 5 million patient accounts, and achieved a historical 94% collected success rate. These figures reflect the company's significant footprint and ability to deliver tangible results.

With a patient-focused approach, HELP Financial emphasizes the importance of addressing financial obligations with the same level of care as clinical treatment. By implementing HELP’s Best Practices, healthcare providers have experienced improved financial performance alongside an enhanced patient experience, irrespective of their facility size or location.

In conclusion, HELP Financial Corporation's established track record, sustained partnership success, and industry recognition position them as a noteworthy player within the intersection of Financial Services and Health Care.