The Cleveland City Council in April approved a plan to donate $1.9 million in American Rescue Plan relief funds to RIP Medical Debt. Once completed, the initiative is expected to relieve $181 million in debt for more than 50,000 residents.
To qualify for relief, residents must live in a household with income up to 400 percent of the federal poverty guidelines or have medical debt that is at least 5 percent of the annual household income. About 80% of Cleveland residents meet the criteria, according to the report.
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.