What Makes CaringWays® Different than Other Crowdfunding Platforms

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CaringWays® Spotlight: Stephen Murray, Engagement Specialist

Medical Fundraising

Financial Challenges and Medical Expenses Patients Have During the Holidays

July 28, 2022

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Crowdfunding has become a popular way to help patients overcome the financial strain of cancer treatment, addiction recovery, or immediate medical emergencies. While many crowdfunding platforms can be used for fundraising, CaringWays® is the first fundraising platform built specifically for medical and other health-related expenses. Everything we do is focused on providing help and hope to patients who need to know they’re not alone during a healthcare crisis.  Here are six specific ways CaringWays® is different from other crowd fundraising platforms.

CaringWays® helps pay medical bills and treatment costs directly. 

According to a recent study, 41% of working-age Americans — or 72 million people — have medical bill problems or are paying off medical debt.

We wanted to see that number decrease by providing patients with a secure way to fundraise and pay for medical bills through our platform. With CaringWays®, patients can use the funds in their account to pay for medical bills with a CareCard, which is similar to a Health Savings Account. In some instances, we partner with hospitals, treatment centers, and other healthcare providers to pay directly for bills from campaign funds.

CaringWays® is designed specifically for medical security and is HIPAA compliant.

The complexities of the healthcare system can make medical fundraising more difficult. Because our platform works directly with patients to help pay their medical bills, CaringWays® is committed to maintaining cybersecurity and HIPAA compliance standards, which means your sensitive medical data is always safe with us. We also have a dedicated HIPAA Security and Privacy team responsible for maintaining policies, procedures, and standards.

CaringWays® provides patients with a dedicated way to cover everyday expenses during a medical journey. 

One of the most difficult aspects of a medical event is keeping up with all the other responsibilities that don’t end with a diagnosis. CaringWays® is one of the only crowdfunding platforms to recognize this issue and provide a way to pay for the everyday responsibilities that can be overwhelming for patients and their caregivers. 

CaringWays® provides patients with a secure CareCard that can be used to buy essentials such as food, gas, and home care services. It is controlled by a Merchant Category Code that is specifically designated for health and recovery-related expenses.

CaringWays® partners with corporations and nonprofits. 

In addition to working directly with patients and CareChampions, CaringWays® has developed partnerships with numerous corporations and nonprofits across the country. We recognize that many companies want to help an employee during a health emergency, but they may struggle to find practical, scalable ways to provide support. CaringWays® allows companies and their employees to rally around coworkers by providing a customized, secure platform for fundraising.

CaringWays® partners with healthcare providers. 

Doctors and nurses see the physical and emotional stress their patients face every single day. They do a great job of caring for patients’ physical recovery. We designed CaringWays® to be one more way that healthcare organizations can support the overall wellness of their patients.

In the past few years, we’ve partnered with health networks and cancer treatment centers across the country — equipping them with resources to share the CaringWays® platform — to help show patients that they are truly a partner in their journey.

CaringWays® was founded by people who have been in your shoes.

CaringWays® was founded by a team of people who have been exactly where you are, feeling what you’re feeling. That’s why we created a platform to support you in the ways that matter most. Our experiences navigating a medical crisis have given us the empathy necessary to build a trusted, secure platform to assist in medical fundraising. CaringWays® provides a way to connect with others who know what you’re going through.

Raising Funds with CaringWays® is Simple, Effective, and Secure

When you give to a CaringWays® campaign, you are guaranteed that your donation will be used to either pay for medical bills or help the patient cover health-related expenses that support their recovery journey. 

If you or someone you know is looking to use crowdfunding to cover medical expenses, CaringWays® is the best platform to provide tangible help during their time of need.

Learn more about becoming their CareChampion by setting up a campaign. For patients, learn more about how to start the process of setting up a CaringWays® campaign.

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