When the chips are down and people are sitting in the waiting room for the news on their loved one, the last thing that should be on their minds is, “How am I going to pay for this?” That is why MyLoans offers medical financing solutions, so that people can focus on what really counts. [...]
It’s been hot here in Colorado, so we’ve been staying nice and cool in the air conditioned office working on the v.13.2 release of MyLoans! Okay, so maybe there were a few vacations taken here and there, but rest assured that the MyLoans team has been hard at work ensuring our customers can provide the industry’s best patient financing to all of their medical customers. This release features a more streamlined workflow for processing loans, signing documents and requesting funding. We know that MyLoans works for banks because it’s fast, easy to use and requires very little overhead. So in this release we focused on making it faster, easier and even more streamlined. Now banks can setup a medical provider user, and the new user can get help or self-train on the interface without even contacting the bank. We standardized all the language and made the agreement documents more bulletproof, which reduces the number of times a medical provider contacts the bank and increases the bank’s profit per loan. […]
Your office is only as good as the records you keep. That is why MyLoans offers its services with workflowed, imaging based medical billing software. Records of payments, insurance, and billing there when you need it, the first time and every time.
What could be better than managing an effective and efficient healthcare accounts receivable method? How about making sure that patients and medical staff are able to focus on what is the most important: healing. With MyLoans, you can count on our experts in healthcare accounts receivable to make a difference in the lives of others. [...]
Financing is a trigger when it comes to medical treatment. MyLoans Financing will do everything it can to ensure the relationship between the patient and the medical provider continue to work optimally and provide the best experience possible when there is so much at stake. Contact us today to see how we can serve you! [...]
If you are like the rest of us, you probably don’t have a team of accountants managing your affairs while you are in the hospital. Well, with MyLoans you have the next best thing. Our medical accounts receivable services are what you need to keep things managed while you are working on bigger things.
When it comes to needing medical treatment, more often than not, the patient and their family aren’t usually concerned with the details of paying for a procedure, and when expense gets to be a burden, it shouldn’t be their primary concern. This is why medical financing solutions take the worry out of an already stressful [...]
The new Dodd Frank regulations are causing community banks and credit unions to rethink mortgage banking as they struggle to identify loans that will please both the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC). The CFPB’s goal is to eliminate risk that a consumer will not be able to meet the terms a financial agreement. The OCC wants the bank to do everything in their power to eliminate or significantly reduce risk. To that end, the OCC prefers a bank achieves risk reduction by making loans with adjustable interest rates to protect the bank when rates adjust. The CFPB sees these adjustable rate loans as too risky for the consumer and regulates the bank’s ability to make these loans. To use the vernacular, community banks and credit unions are “damned if they do and damned if they don’t” when it comes to interest income from mortgage loans. […]
During his opening address to the user conference, President of Harland Financial Services, Raj Shivdasani stated one of the major problems facing banks and economic recovery is a low loan demand and near-record low interest rates. This situation could drag economic recovery as the general public just doesn’t want to borrow money, and even when they do, the margins are incredibly thin. Low Loan Demand can be overcome with MyLoans While it can be difficult if not impossible to convince the general public to borrow more, the MyLoans application allows your bank to quickly and safely improve the low loan demand. Loan demand will not be increased by changing consumer opinions, but rather by providing a loan option where consumer demand already exists. […]
Not only will our web service application programming interface allow you to work on an imaged document, but it will give you the versatility of records maintenance without the headache of an antiquated filing system. What does this mean? More time to work with patients, instead of trying your patience