Ruloans
Healthcare Finance
Empowering Hospitals and Supporting Patients.
About Healthcare Finance
Healthcare finance in India is crucial for affordable medical services, with over 60% of healthcare spending borne by households. Government schemes like Ayushman Bharat aim to cover 500 million people, while private health insurance covers nearly 6% of the population. In 2021, Mediclaim reimbursements crossed 58 lakh cases worth over INR 17,900 Cr. Despite these, nearly 1 in 5 Indian borrowers struggle to pay medical bills, highlighting the need for better financing options. We aim to bridge the gap between discharge and insurance reimbursements to ensure timely access to funds for patients.
At Ruloans Financial Services Pvt. Ltd. (RFSPL), we recognize the immense financial strain that medical bills can impose on individuals and families. Through our healthcare financing product, we aim to alleviate this burden by providing seamless assistance in settling hospital bills. Collaborating with trusted healthcare partners, we ensure that patients receive end-to-end support, including navigating the insurance claim settlement process. Our goal is to empower patients to focus solely on their treatment, without worrying about the associated financial stress.
Benefits of Ruloans Healthcare Finance for Hospitals
Ruloans Healthcare finance can enhance your hospital's revenue while offering holistic patient care.
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Higher Patient Access
RFSPL's healthcare financing solutions empower patients to afford necessary medical treatments, potentially leading to higher patient volumes for hospitals.
Reduces Financial Barriers
Patients may be deterred from medical treatments due to their high cost. Ruloans alleviates this barrier by offering flexible repayment plans that spread the medical cost across a suitable period, helping patients seek timely medical care.
Enhances Revenue Stream
Hospitals can attract a higher number of patients by offering healthcare financing options, which can lead to an increase in revenue.
Improves Patient Satisfaction
Offering flexible repayment options drastically improves patient satisfaction, reflecting a hospital's commitment to patient-centered care.
Reduces Bad Debt
Hospitals can ensure timely payments through structured repayment plans, minimizing instances of bad debt and delinquent accounts.
Compliance With Regulations
RFSPL's financing arrangements are structured to comply with regulatory requirements governing consumer lending practices. Hence, it reduces the risk of legal and regulatory challenges for hospitals.
Quick Approval Process
Hospitals can secure financing more easily through streamlined approval processes than traditional banks, ensuring quick finance during emergencies.
Supports Technology Adoption
RFSPL's healthcare finance can support hospitals in adopting innovative technologies for higher operational efficiency, competitiveness and better patient-care.
Impacts Community Positively
Supporting hospitals through Healthcare Finance can yield extensive social and economic dividends by enhancing access to high-quality healthcare services within communities. At RFSPL, we leverage our infrastructure to contribute to society's holistic welfare and progress.
Ruloans healthcare finance offers hospitals access to capital, flexible financing options, specialized expertise and support for technology adoption. In all, it empowers hospitals towards better patient care.
Loan Amount
Upto Rs. 100 Lakh
Loan Tenure
Revolving Credit Facility
Interest Rate
NIL
Processing Fees
Min 4.50 % Onwards.
Ruloans Healthcare Finance Benefits for Patients
Medical costs can be a huge blow to a family's financial situation. Ruloans healthcare financing product aims to lift this burden through:
Among the most pressing financial obligations confronting families is the settlement of medical expenses. With our healthcare financing solution, we endeavor to alleviate this burden from patients and their families, ensuring their primary concern remains solely focused on treatment rather than its associated costs. Through our network of healthcare partners, we facilitate seamless settlement of hospital bills for our customers, thereby mitigating unnecessary complexities.
Our collaborative approach extends beyond comprehensive healthcare support, encompassing end-to-end assistance, including the seamless management of insurance claims while concurrently helping them with their financial needs.
Loan Amount
Upto Rs. 10 Lakh
Loan Tenure
Upto 90 Days
Interest Rate
NIL
Processing Fees
Min 4.50 % Onwards.
Basic Requirements for Ruloans Healthcare Finance
Availing Ruloans Healthcare Finance has no age restrictions and can be availed by a salaried or self-employed person. However, here are some basic requirements that a patient needs to qualify for Ruloans healthcare finance:
- A valid health insurance policy covering the disease opted for the financing solution
- Valid KYC documents (Aadhar Card & PAN Card)
Key Features Of Ruloans Healthcare Finance
Here are some of the key features of RFSPL's healthcare financing products that are beneficial for the patient:
- Instant Approval: Access finance instantly on the day of admission in the hospital.
- Minimal Documentation: Provide minimal KYC and supportive documents to our healthcare provider.
- Process: Access healthcare financing through our 100% digital processes.
Transparent Charges
With clear and transparent charges, including a penal Charges of 2% per month and bouncing charges of Rs. 400/- per bouncing, you can trust us to provide fair and upfront pricing for your healthcare financing needs.
Documents Required
- Aadhar Card
- Pan Card
- Recent photo (Selfie)
- Copy of the insurance policy
- Hospital Invoice
- Discharge Summary
- Recommendation letter from our Healthcare Partner.