Yearly Archives: 2014

/2014

Harvard Business Review is Right – Lending Technology is the Key

By | October 8th, 2014|News|

A recent Harvard Business Review article postulated that lending technology could play a significant role in reviving America's small businesses.  It's a captivating read.  They pull out some fascinating numbers like these charts to show just how hard hit small businesses were and how long the road to recovery can be.  As a founder of Epic River, I [...]

Payday Loans as Patient Account Financing? Are you kidding me?

By | September 11th, 2014|News|

Seriously.  I think John Oliver and Sarah Silverman said it best when they said, "Do.  Literally.  Anything else." I was absolutely astonished to learn that one of the primary uses for payday loans is to pay medical bills.  I have a hard time coming up with a worse way to pay for a medical procedure than [...]

Time to Connect at the D+H User Conference #Connections14 #MyLoans

By | August 26th, 2014|News|

Stop by and see Jessica and Mark from the MyLoans team at the D+H (formerly Harland Financial Solutions) annual user conference.  We're at Booth #22! The Connections conference is a fantastic place to learn and connect with some of the best banks, credit unions and software providers in the financial institution industry!  If you're not here this [...]

MyLoans + AWS = Great News for Patient Account Financing

By | July 15th, 2014|News|

Amazon Web Services (AWS) has been slowly but sure dominating the cloud hosting world.  Today MyLoans™ Patient Account Financing team is proud to announce it now fully supports AWS deployments.  Utilizing the Relational Database Service (RDS),  Simple Storage Service (S3) and Elastic Compute Cloud (EC2) MyLoans can now be deployed in seconds with no capital [...]

Use Patient Financing to Kick-Start a New Branch

By | May 30th, 2014|News|

Expanding your footprint into a new market area can be tricky to say the least.  Jumping off takes some very fuzzy math and guesswork.   We have recently learned from a customer that MyLoans™ Patient Financing can actually take a lot of the guesswork out of opening a new branch and improve the odds of success. [...]

New source of high yield, low risk consumer loans

By | April 2nd, 2014|News|

After a two year controlled, measurable launch with six financial institutions, MyLoans announces its' national rollout. MyLoans, is a web based software a Financial Institution can use to book new, consumer loans, capitalizing on its existing health care provider customer base.  These patient loans reduce a provider's outstanding accounts receivable, enhancing cash flow.  As a new interest income opportunity, it may be structured [...]

Can Technology Improve Patient Treatment?

By | March 13th, 2014|News|

In a recent Wired magazine article, "Gadgets Like Fitbit Are Remaking How Doctors Treat You," I was reminded of the quote from the TV show House.   The lead character in the show, Dr. Gregory House, M.D., is portrayed as a genius of diagnostic medicine who frequently quips, "Everybody lies."  He is generally referring to patients [...]

I’m sorry Mr. Obama, that’s not entirely accurate.

By | January 30th, 2014|News|

Earlier this week in President Obama's State of the Union he made several comments about healthcare.  Some were vague and point to the fact that change is going to continue to be slow.  One good example of this was "For decades, few things exposed hard-working families to economic hardship more than a broken health care [...]

“Affordable” means something different to everyone

By | January 14th, 2014|News|

I see the word "affordable" used in conjunction with "healthcare" a lot.  Even more now that there is a little known bill that made its way to law called the "Affordable Care Act."   Heck if you type "aff" into a Google search the top four suggested searches are: So basically this means more people [...]

Can we as a community solve the healthcare problem?

By | January 9th, 2014|News|

Warning.  The sanity in this post decreases as you scroll down.  There.  You've been warned. I was recently at a family gathering in Lyons, CO (a place that was devastated by the flooding in Colorado) and as we were discussing the numerous trials and tribulations of the flood, my uncle made a comment that his [...]