Patients can now use Facebook to raise money for medical bills

Facebook has expanded its charitable giving tools to allow users to raise money to cover unexpected expenses, including medical bills, according to SFGate

Advertisement

Facebook’s fundraising campaigns were previously only available to nonprofits and other charitable organizations, but now any user who is at least 18 years old can set up a campaign to raise money for expenses that fall into one of the following eight categories: 

1. Education
2. Medical
3. Pet medical 
4. Crisis relief
5. Personal emergency
6. Funeral and loss
7. Sports
8. Community

Facebook takes a $0.30 fee and 6.9 percent from all donations to cover payment processing, security and fraud protection and fundraiser vetting, according to the report.

More articles on healthcare finance: 

Austin hospital closes after 133 years; relocates services
6 hospitals receive credit downgrades in past month
8 hospitals with strong finances

 

 

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.