Parasail Health partners with medical debt settlement platform

Parasail Health, a patient financing provider, and CirraGroup, a crowdsourced medical debt platform, have partnered to help healthcare providers and patients manage the financial elements of care.

CirraGroup's platform enables patients to manage their outstanding medical account balances. Through the partnership, CirraGroup users can apply for a fixed-rate loan from Parasail Health without leaving the CirraGroup platform.

"Patient out-of-pocket expenses are growing and, in many cases, leaving patients with medical debt without financial solutions," said Parasail CEO Adam Tibbs. "With CirraGroup's platform, patients can see outstanding balances from multiple providers in one place – and easily apply for affordable payment solutions through Parasail to get their outstanding bills under control."

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