Patient Accounts


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Payment Options

Special Care For Your Financial Needs
Iroquois Memorial Hospital has established a patient financial assistance program that is available to all patients. The program offers two easy-to-use payment plans to help you manage your medical bills. Please complete the application to make it easy for you to pay your IMH account as quickly as possible while staying within your budget.

Iroquois Memorial Hospital is pleased to offer special financial arrangements to those who choose to pay their hospital bills on a monthly payment plan.

Option I: 30-60-90 Day Plan
This plan allows you to pay your hospital account balance in three equal monthly installments without interest. You will receive three monthly statements showing the amount due each month as well as the total balance which can be paid in full at any time within the 3-month term.

No written contract is involved. Simply contact Patient Financial Services to arrange this convenient option.

Option II: Medical Credit Line
Convenience is a major feature of the medical credit line, a revolving credit account. The payment schedule allows you to spread your payments over several months or several years depending on the amount you owe Iroquois Memorial. You may place balances from $100 and up on your credit account.

The medical credit line allows you to combine several accounts into one and to add the cost of future hospital bills at an interest rate lower than most credit cards.

If you are interested in opening a medical credit line with Iroquois

Memorial Hospital, here's what to do...

Determine the total amount you owe the hospital. Patient Financial Services can help you with this.
Using the "payment scale" on the back of this brochure, estimate the monthly payment for the amount you owe.
Read the contract. (Forms are provided by Patient Financial Services.) The person or persons responsible for making the monthly payments should sign the contract. (Keep the pink copy; return all others to Patient Financial Services.)

You will receive a monthly statement from Account Management Service.

The monthly statements are easy to read and contain all the information you will need to keep your medical credit line in good standing.

Medical Credit Line
Example Payment
All balances less than $875
Minimum monthly payment = $35
All balances greater than $875
Minimum monthly payment = 4% of balance

Example
Balances Payments
$1,000 $ 40
$1,200 $ 48
$1,500 $ 60
$2,000 $ 80
$2,500 $100
$3,000 $120
$3,500 $140
$5,000 $200
$10,000 $400

If you have questions or need help, please contact our Patient Financial Service Department by calling (815) 432-7741 or toll-free at 1(800) 242-2731 Ext. 7741

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