Someone With Group to Demo Solution to $40B Hospital Debt Problem at Capital Call Reston
FREDERICK, Md., May 6, 2015 /PRNewswire/ -- Someone With Group has been selected to present its crowdfunding platform for healthcare at Capital Call Reston in Reston, Va on May 7. The program, sponsored by Cooley LLP, is in its 13th year.
Capital Call features 13 angel and venture stage companies presenting 3 minute, rapid-fire pitches to an audience of approximately 100 investors. Following the pitch portion of the event, the presenting companies have an opportunity to do follow-on demos and Q&A for investors.
Someone With Group will demonstrate its patent-pending solution that is targeted at reducing the $40 billion in unpaid bills that hospital systems possess. The crowdfunding platform guides patients in creating an online fundraising campaign that is sponsored by their hospital system and targeted at friends, family, coworkers and neighbors.
Paula Jagemann-Bane, Someone With Group's Founder and CEO, says, "It's an honor to be selected to participate in an event that recognizes the high potential companies in the region. We are excited to showcase our crowdfunding solution and demonstrate its unique identity verification and fraud reduction features not just for healthcare but across other vertical markets as well."
Funds raised using the Someone With Group healthcare platform are loaded onto a general purpose reloadable MasterCard® that can only be used by a patient for hospital bills and related medical expenses. Someone With Group's first hospital partner is PinnacleHealth System in Harrisburg, Pa. where the solution is branded the PinnacleHealth HOPE (Helping Others Pay Expenses) Card. More information may be viewed at www.pinnaclehealthhope.org.
Someone With Group's other partners in the solution are Access National Bank (ANCX) of Reston, Va. (http://www.AccessNationalBank.com) who is the card issuer and banking institution, and TransCard LLC of Chattanooga, Tenn. (www.transcard.com) who is the card processor.
About Someone With Group: Someone With Group provides hospital-sponsored crowdfunding solutions for patient expenses. Funds raised are loaded onto a general purpose reloadable debit card that may only be used for medical bills and expenses. Patients must be sponsored by a healthcare system to participate and are identity verified so the potential for fraud is eliminated. More information is available at www.someonewithgroup.com.
About Cooley LLP
Cooley's lawyers solve legal issues for entrepreneurs, investors, financial institutions and established companies. Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, often where innovation meets the law.
Cooley has 850 lawyers across 12 offices in the United States, China and Europe.
Contact:
Jill L. Kerr
Sr. Vice President
Email
301-304-3033 ext. 703
SOURCE Someone With Group
Related Links
http://www.someonewithgroup.com
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