The housing market's ripple effect on healthcare collections

Until the recent subprime mortgage crisis burst the housing bubble, homeowners were able to tap into increased property values to meet other financial obligations, including healthcare bills. But the recent tightening of underwriting standards and the rapid decline in housing prices have limited the consumer's ability to access capital.The end result is an increasing inability for many consumers to meet financial commitments--a situation that will clearly affect the healthcare industry as providers attempt to collect from patients.

Name:
E-mail:
Website:
Please enter your comment below:

Please enter the text below: