Nick McLaughlin is the founder and CEO of Breez Health, a member of the Goodroot community of companies, dedicated to furthering the mission of delivering more accessible, patient-friendly financial assistance programs for hospitals across the US.
Nick and his team at Breez have developed technology that streamlines financial assistance applications and processes for patients and hospital billing departments. By partnering with the hospital community to optimize charity care programs, he is maximizing revenue opportunities for hospitals and affordable care to patients regardless of their ability to pay.
With over 12 years of experience working in hospital billing and revenue cycle, Nick has a deep understanding of the challenges facing hospitals and their patients. Previously, Nick was instrumental in helping hospitals craft financial assistance policies that met federal and state requirements like 501(r). Now, he works to improve access to financial assistance while also alleviating the administrative burden for hospitals.
Local governments around the country are using Covid relief funds to eliminate medical debt for their communities. But Covid relief funds are not a long-term solution. Provide training to your teams on how to communicate with patients to make it clear that financial assistance is available and encourage those who may qualify to apply.
Hospitals already have a tool at their disposal that addresses affordability for their patients. Financial assistance programs can prevent many patients from having accounts sent to collections in the first place.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.