"Financial pains are all too common for patients and service providers in the
healthcare industry.
Patients can struggle to afford the high costs associated with medical care, and hospitals can struggle to keep the lights on when bill payments trickle in slowly. These were significant problems even before the COVID-19 pandemic caused additional strains. Many consumers have since lost their jobs, and healthcare providers have seen declining incomes as elective procedures, which are normally revenue drivers, have been delayed or canceled to prevent the virus’s spread."