Commerce Bank offers the healthcare provider resources you need for financial success in today’s rapidly changing healthcare environment. Our personal service and cutting-edge products and technology deliver value and increase efficiency in your revenue cycle.
Commerce Bank’s Health Services Financing (HSF®) program acts as a complement or alternative to traditional medical billing programs. Featuring a line of credit, providers may present this seamless, highly customizable solution to patients and families, at any point in the revenue cycle.
A Commerce Bank HSF® account reassures patients with a simple enrollment process and easy payment structure. Providers can improve cash flow while offering patients a convenient, manageable way to pay their balance over time at a 0% (interest free) or reasonable rate.*
You can begin enrollment with just a verbal agreement.
IMPROVE CASH FLOW AND REDUCE COSTS
STRESS-FREE TRANSACTIONS FOR YOUR PATIENTS
|Upfront funding for outstanding patient balances||Up to a $50,000 line of credit|
|Multiple rates and term options, including 0%*||No credit check required|
|Guaranteed fee refund for defaulted account balances||Simple enrollment process|
|Decrease account delinquencies||One affordable monthly payment|
|Enhance patient loyalty||Finance multiple transactions on one line of credit for the same provider|
|Web-based enrollment, file upload and reporting||No paperwork required to enroll|
|Customized patient marketing||Repayment terms up to 7 years|
Set up a consultation to see how we can help your organization meet its goals.
Or, download our brochure
Many other revenue cycle management companies provide technical functionality but rely on another organization for financing. Commerce Bank’s Health Services Financing provides both solution technology and financing, giving you a complete, more affordable solution.
Commerce employs two in-house customer support teams dedicated to serving providers and patients. HSF® Account Managers regularly communicate benchmarking and best practices. From implementation and training, to ongoing support and strategic planning, we’ll help maintain and grow your HSF® program.
From left: Steven Walden, manager, treasury operations; Brian Day, vice president and deputy treasurer; Anthony Waskiewicz, Jr., chief investment officer; Bruce Fernandez, director, treasury services; and Shannon Sock, executive vice president, strategy and chief financial officer.
1-2 day increase
in cash on hand
1-2 day decrease in
Accounts Receivable days
Partnered with more than
120 hospital locations
Basis point increase
in operating margin
• Prime, Variable
• Prime + 1%, Variable
• Prime + 2%, Variable
• Prime + 4%, Variable
• 12 Months
• 24 Months
• 36 Months
• 60 Months
• 84 Months