{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Charity Charge Show - Nonprofit Podcast","title":"Transforming Medical Debt Relief with Jared Walker - Founder of Dollar For","html":"","width":"100%","height":180,"duration":2140,"description":"In this episode of the Charity Charge Show we chat with Jared Walker, the founder of Dollar For, to discuss the organization's mission to alleviate medical debt through a comprehensive database of hospital charity care policies.He explains how Dollar Four automates the application process for patients, the challenges of funding through philanthropy, and the importance of partnerships in expanding their reach. The conversation also touches on the legal aspects of medical debt, the potential for new revenue models, and the future vision for the organization.TakeawaysDollar Four created a database of every hospital in the country.The organization eliminated $6.9 million in medical debt in April.Funding is fully through philanthropy, with no earned revenue model.The impact of Dollar Four is measurable and clear to donors.Hospitals are motivated to avoid bad press regarding charity care.Partnerships with other organizations can enhance outreach.There is a significant amount of medical debt within communities.The organization aims to enforce policies that hospitals are required to have.Focus on providing value to the community to attract donors.Future growth plans include raising $20 million over the next four years.About Dollar ForDollar For is a national non-profit organization dedicated to tackling the widespread issue of medical debt in the United States. Recognizing that medical debt is a leading cause of financial hardship and even bankruptcy for millions, they focus on a solution that often goes unnoticed and underutilized: hospital charity care.Their core mission is to make charity care – which nonprofit hospitals are mandated by the Affordable Care Act to provide to lower-income patients – known, easy to access, and fairly applied. Dollar For acts as an advocate for patients, empowering them to navigate the often complex process of applying for financial assistance.They achieve this through a multi-pronged approach:Direct Patient Service: Utilizing technology,...","thumbnail_url":"https://img.transistorcdn.com/XfkPvOlEEMAiRczB_OiHMT_xGDPC0tHWtbRnnXwHQcI/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82OGVj/NzlkMTIxY2E0MjU1/ZTg3YjE4MjQ5Yjg0/ZTcyOC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}