AccessOne Receives $225M Credit Facility from PNC Bank

accessoneAccessOne, a Charlotte, NC-based provider of patient financing solutions for consumers to manage their healthcare costs, closed a $225m financing with PNC Bank.

The deal aims to allow the company to expand adoption of its platform nationwide.

Led by Mark Spinner, CEO, AccessOne partners with hospitals, health systems and employers to provide patients financing solutions to their patients. The company’s solution provides a consumer-focused experience which drives patient satisfaction for clients via three plans:
Choice, for patients with high deductible plans,
Choice Plus, for patients with catastrophic bills, and
Choice Outreach, designed to be a scalable supplement to provider offered financial assistance policies which improves patient relations.

According to a written note, AccessOne has enabled over one million consumers to afford out-of-pocket medical expenses for health systems nationwide.

FinSMEs

19/11/2019

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