How the Patient Support Network Solves Key Challenges for Hospitals

Hospitals face growing challenges in delivering life-saving care to underinsured patients, while managing financial pressures and maximizing operational efficiency. These challenges often make it difficult for hospitals to meet the needs of their communities, especially when resources are stretched thin or funding gaps prevent patients from accessing advanced treatments.

The Patient Support Network (PSN) was created to address these challenges directly. While our mission is to bridge financial and geographical gaps for patients, PSN is equally focused on solving critical pain points for hospitals. Here’s how:

Key Challenges Hospitals Face

1. Administrative Burdens:

   • Finding and securing funding for underinsured patients often requires significant staff time and effort.

   • Managing donor relationships and sponsorships can add to the workload of already stretched teams.

2. Financial Pressures:

   • Hospitals frequently absorb costs for services provided to uninsured or underinsured patients.

   • Programs with advanced treatments may remain underutilized due to patient affordability issues.

3. Reputation and Outcomes:

   • Patient outcomes and access to care directly impact a hospital’s reputation and regulatory standings.

   • Hospitals need innovative ways to demonstrate community impact and attract support from donors and sponsors.

The PSN Solution

PSN is more than a patient support platform. It’s a tool designed to make hospitals’ work easier and more effective by addressing these challenges head-on:

1. Streamlined Fundraising:

   • PSN simplifies the fundraising process through a platform that connects hospitals with corporate sponsors, high-net-worth donors, and ad agencies.

   • By leveraging luxury sponsors, hospitals can attract larger donations with minimal upfront effort.

2. Financial Support for Patients and Programs:

   • PSN’s crowdfunding tools allow hospitals to raise funds for both individual patients and hospital-wide projects.

   • With flexible options for donation and equity crowdfunding, hospitals can tap into new revenue streams to offset costs and maximize program utilization.

3. Transparency and Control:

   • All funds raised through PSN are allocated directly to hospitals, ensuring transparency and control.

   • Real-time data and reporting tools make it easy for hospitals to track fundraising efforts and impact.

Economic Benefits for Hospitals

PSN delivers measurable value to all stakeholders, including hospitals:

• No Upfront Costs: Hospitals can start using PSN without any financial risk.

• Tax and CSR Benefits for Sponsors: PSN’s model attracts sponsors who value corporate social responsibility, further driving donations.

• Sustainable Ecosystem: The platform creates a virtuous cycle where hospitals attract sponsors, sponsors attract donors, and donors inspire further participation.

The Dual Benefit: Patients and Hospitals

While PSN’s core mission is to help patients access life-saving treatments, hospitals benefit equally from:

• Reduced administrative burden.

• Increased funding for critical programs.

• Strengthened ties with corporate sponsors and donors.

• Enhanced reputation as leaders in advanced medicine and compassionate care.

Closing the Gap: A Call to Action

Imagine how many patients your hospital could serve if funding gaps were closed. PSN exists to make that vision a reality. By partnering with us, your hospital can:

• Access donations and investments to fund both patient and hospital needs.

• Streamline your fundraising efforts with cutting-edge tools and strategic partnerships.

• Focus more on delivering exceptional care and less on administrative tasks.

Ready to Join Us? Let’s work together to expand access to advanced medicine and improve outcomes for your patients and your institution. Book a meeting today or visit our website to learn more.