Through this partnership, Cascade365 helps identify eligible patient accounts, which are then facilitated through Undue Medical Debt for purchase and forgiveness. The non-profit acquires qualifying medical debt in bulk for a fraction of its face value and eliminates it for individuals who meet income-based criteria, without any action from the patient. Those eligible for debt relief have incomes at four times (400%) or below the federal poverty line or have medical debt equal to 5% or more of their annual income.
“At Undue our mission is to unburden patients from medical debts they simply cannot pay and we depend on conscientious partners like Cascade365 and by extension ApolloMD,” shares Ruth Landé, Vice President of Provider Relations at Undue Medical Debt. “This milestone represents more than just a dollar amount, it reflects real relief for patients who receive a letter out of the blue conveying they have one less financial and emotional hurdle to re-engaging with care and providing for their families.”
Lee Brockett, CEO of Cascade365, highlighted how collaboration is reshaping outcomes for both providers and patients. “This milestone reflects the strength of a coordinated approach,” Brockett said. “By aligning operational processes with organizations like Undue Medical Debt and ApolloMD, we’re able to deliver outcomes that extend beyond traditional financial performance.”
To learn more about Undue Medical Debt’s model, visit https://unduemedicaldebt.org/faq/.
To learn more about ApolloMD’s efforts to eliminate patient debt and support the communities it serves, visit https://apollomd.com/social-responsibility/.