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LendingPoint CEO On Medical Payments ‘Last Mile’ Problem

July 03, 2017
With healthcare costs on the perpetual rise, many employers are offering insurance plans with high deductibles to keep costs down. But that can leave patients with a $5,000 upfront cost to hurdle in order to get a medically necessary procedure. Should they take on the financial burden and get the care they need? Get the care but skip the payments? Or just forget the whole thing? LendingPoint CEO Tom Burnside doesn’t want anyone to have to make that decision. He told Karen Webster that’s why LendingPoint turned their attention to medical payments’ “last mile” problem.