The plan involves using $1 million in American Rescue Plan funding to eliminate $115 million in medical debt through a partnership with RIP Medical Debt, a nonprofit that buys back and forgives medical debt.
To qualify, residents would have to make less than four times the poverty rate and have accrued the debt during the COVID-19 pandemic.
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.