We have a new name — RIP Medical Debt is now Undue Medical Debt.
Hide Banner


FinThrive and Undue Medical Debt Use the Power of Data to Launch Patients Toward Financial Freedom by Relieving $10B in Medical Debt

FinThrive provides financial and economic stability data for Undue Medical Debt, to qualify patients for their debt relief program

FinThrive, Inc., a healthcare revenue management software-as-a-service (SaaS) provider, contributes valuable financial and economic stability data to Undue Medical Debt, a national nonprofit that has abolished over $10 billion of burdensome debt for more than 6.5 million families to date. This partnership will play a pivotal role in eliminating the nation’s growing medical healthcare debt, which has reached $195 billion according to the Survey of Income and Program Participation (SIPP).

“Providing over $10 billion in relief for individuals and families who suffer under the weight of unpayable medical bills is a major milestone for our organization,” said Allison Sesso, President and CEO of Undue Medical Debt. “We are confident that our relationship with FinThrive will continue to advance our ability to provide reprieve to those who need it most. This partnership represents Undue Medical Debt’s commitment to our mission—abolishing financially burdensome medical debt.”

The partnership begins with data supply, where outstanding medical debt data is selected and shared via Secure File Transfer Protocol (SFTP). Results are then reported, and new populations are cycled for analysis. The second phase of the process involves applying Social Determinants of Health (SDoH) Risk Attribute data for patients who fall at or below 400% of the Federal Poverty Line (FPL). Undue Medical Debt works directly with collection agencies and/or health systems and physician groups to identify these patients, and then buy the debt for debt relief. As a result, the patient is liberated from the financial and emotional burden that debt holds on their life.

“The partnership between FinThrive and Undue Medical Debt highlights the transformative impact the right data at the right time can have on a person’s livelihood,” said John Yount, Chief Innovation Officer of FinThrive. “This data expands SDoH initiatives by focusing on data-driven equity. Allowing providers to earn revenue from dormant bad debt accounts without subjecting patients to aggressive collections actions is a true win-win.”

Medical debt is an issue that currently affects the majority of Americans. Health System Tracker reports that 23 million people owe at least $250 in medical debt. This number is grossly increased for people with disabilities or poor health. FinThrive’s precise data helps Undue Medical Debt expand relief efforts with the ability to identify quickly and accurately those in need. This collaboration generates a financial reprieve for millions of Americans.