Business View Magazine l October 2022

101 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 10 FinPay T he financial landscape within the healthcare sector in the U.S. can be challenging to navigate. A lack of cost transparency, financial literacy, and affordable payment options can leave patients anxious and confused, even with the high-quality clinical care they receive. FinPay, a provider of patient financial management services recognized this problem and set about solving it. Recently, Tim Kowalski, CEO at FinPay, spoke with Business View about the way that the company’s solution gives patients clarity, peace of mind, and reassurance. “FinPay deals exclusively in the U.S. healthcare market with a mission to improve the management of patient financial responsibility,” Kowalski explains. “Our clients are healthcare providers but, on the provider’s behalf, we engage with patients because we believe that education and engagement are crucial to helping them understand the financial world that they will be navigating as they go through any kind of clinical care.” FinPay offers education to patients on topics like what their insurance may cover, what it may not cover, and other related matters. The company provides support to ensure patients fully understand estimates around the cost of care and, ultimately, helps them find the best way of meeting their financial obligations. Putting patients first