WSHA Industry Partner Provides Access to Capital

June 24, 2020

CommerceHealthcare® offers Health Services Financing (HSF®) Portfolio Purchase Program to provide immediate access to capital, which may be vital for your organization during the COVID-19 pandemic. Transitioning an internally managed portfolio of long-term patient payment plans to the CommerceHealthcare® HSF® program is simple. Your organization will receive cash up front for patient payment plans. Original agreed-upon payment plan terms (monthly payment, term length, and balance) will not change for the patient.  Note: Hospitals must continue to meet charity care obligations relating to patient accounts, even if managed by third parties.

For more information, contact Ed Phippen, Senior Director of WHS Program Development, at 206-216-2556 or edp@wsha.org.

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Washington State Hospital Association
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Seattle, WA 98104

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