Breez CEO Nick McLaughlin was a guest on the “Ask a Doctor” podcast with Virgie Bright Ellington, MD. Medical debt is the No. 1 cause of bankruptcy in America. That fact is clearly not lost on Dr. Virgie, whose recent book is entitled “Crush Medical Debt.”
In the aftermath of the pandemic, every nonprofit hospital in the United States is burdened with increasing amounts of bad debt. But many of those hospitals are underutilizing one of the best tools for fixing this problem — an already-established financial assistance program.
Nick McLaughlin, the founder and CEO of Breez Health, wrote this article for MedCity News following the announcement that the White House was launching a medical debt initiative and the three major credit bureaus planned to remove 70% of medical debt from consumers’ credit reports.
Taking legal action to recover #MedicalDebt is never pleasant, and the #Mississippi state legislature is taking action to curb the practice in their state.