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Self-Funded With Spencer
Spencer Smith
245 episodes
5 days ago
Self-funded with Spencer shares inspiring conversations with the most successful and influential people in healthcare - company founders, CEOs, entrepreneurs, doctors, sales leaders, and more - to help educate and inspire YOU to become the best version of yourself.
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Business
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All content for Self-Funded With Spencer is the property of Spencer Smith and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Self-funded with Spencer shares inspiring conversations with the most successful and influential people in healthcare - company founders, CEOs, entrepreneurs, doctors, sales leaders, and more - to help educate and inspire YOU to become the best version of yourself.
Show more...
Business
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Your Medical Bills Have Errors. Here's How Goodbill Fixes Them. (with Patrick Haig)
Self-Funded With Spencer
1 hour 35 seconds
2 months ago
Your Medical Bills Have Errors. Here's How Goodbill Fixes Them. (with Patrick Haig)

"The balance bill came in, it was 37 grand for this member, and we were able to get that thing fully wiped." - Patrick Haig


My guest this week, Patrick Haig, Co-Founder of Goodbill, has built a company designed to find errors in medical bills and fix them. From upcoding to time-based discrepancies, these inaccuracies cost health plans and their members a fortune.


In this episode, Patrick breaks down the Goodbill model. We discuss how their technology integrates directly with health plans to audit claims for errors before they're paid, and why that “upstream” approach is so game-changing. We also dive into one of their most powerful tools: the underutilized 501(r) IRS rule that can wipe out bills entirely, even for six-figure income families.


This episode is personal for me, as Patrick's team fixed my own son's ER bill, saving almost $1,000. I hope you’ll tune in!


Chapters:


(00:10:22) How DPC inspired Goodbill

(00:23:03) The 501(r) Secret: Hospital Financial Assistance 

(00:27:15) How Upcoding Inflates Your ER Bill 

(00:38:29) The Art of Negotiating a Hospital Bill 

(00:48:43) Why "Upstream" Claim Auditing is a Game-Changer 

(00:59:29) Can a Six-Figure Family Qualify for Assistance?


Key Links for Social:


@SelfFunded on YouTube for video versions of the podcast and much more - https://www.youtube.com/@SelfFunded


Listen/watch on Spotify - https://open.spotify.com/show/1TjmrMrkIj0qSmlwAIevKA?si=068a389925474f02


Listen on Apple Podcasts - https://podcasts.apple.com/us/podcast/self-funded-with-spencer/id1566182286


Follow Spencer on LinkedIn - https://www.linkedin.com/in/spencer-smith-self-funded/


Follow Spencer on Instagram - https://www.instagram.com/selffundedwithspencer/

Self-Funded With Spencer
Self-funded with Spencer shares inspiring conversations with the most successful and influential people in healthcare - company founders, CEOs, entrepreneurs, doctors, sales leaders, and more - to help educate and inspire YOU to become the best version of yourself.