Under the plan, Cleveland will donate $1.9 million to RIP Medical Debt, according to the report. The money will come from the city’s American Rescue Plan relief funds.
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, 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.