Revenue cycle management is a competitive business. Vendors are under constant pressure to deliver more value to providers without increasing costs or adding staff. Partnering with Lane Health offers a simple path forward. By bringing the Healthcare Spending Card1 into your platform, you give providers a smarter financial opportunity that makes care more affordable for patients, improves collections, and creates a new revenue stream for your business.
A Partnership That Expands Your Capabilities
When you partner with Lane Health, you gain a financing solution that plugs directly into your existing systems. Lane Health manages the financing infrastructure and support, while you strengthen your platform with an offering that benefits both providers and patients. Best of all, RCM vendors earn 35 basis points on every transaction sourced by their partnership.
The Healthcare Spending Card
The Healthcare Spending Card is designed specifically for healthcare expenses, which makes it different from traditional credit cards.
For patients, the card makes care more accessible and less stressful. For providers, it means faster collections and fewer unpaid balances. For RCM vendors, it is an added service that generates new revenue without requiring additional headcount.
Why This Matters to RCM Vendors
The Partnership Advantage
By working with Lane Health, RCM vendors can enhance their platform, grow revenue, and improve provider satisfaction. You bring the connection to patients and providers. Lane Health brings the financing solution. Together you create a better experience for everyone involved.
Get Started Today
*Subject to credit line approval
1 Lane Health is a financial technology company, not a bank. The Healthcare Spending Card is issued by Lead Bank pursuant to a license from Visa USA Inc.
2 Lane Health does not charge interest on, or an annual fee for, the Healthcare Spending Card. “0% financing” pertains to repayment options that do not charge interest (0% interest) nor fees ($0 fees). Each Advance can be repaid in full, 4-month term or 12-month term (with a minimum $3 due each payment period). Transactions other than qualified hospital expenses (based on merchant category code) will be charged an origination fee of 5% and periodic finance fees. The location of the service provider is not determinative of whether a transaction is a qualified hospital expense. Rather, transactions made within or at a hospital (including but not limited to specialists, doctors, pharmacies, etcetera) are determined to be eligible by the associated MCC and not the location of the service provider in the hospital. New Advances, if eligible, can be repaid in full or over 4 installments with no origination or periodic finance fees. Late fees apply. You can review the fee table at https://lanehealth.com/hsc-lb-fees
3 Assuming 12% Federal tax rate, 5% state tax rate, and 7.65% FICA tax rate savings on pre-tax funds used from an HSA to pay for qualified healthcare expenses.
