How We Help

Financial Treatment Initiative

New Day serves the cancer community by alleviating the  financial and emotional burdens caused by a cancer diagnosis, through our trusted financial assistance and counseling programs.

Building on the success and impact of our current program model, New Day has an expanded vision for the future to include the Financial Treatment Initiative (FTI). New Day is uniquely positioned to advance solutions for Michigan families that will prevent financial toxicity from becoming a reality. We educate and prepare families before they hit critical breaking points. The FTI includes three key components to both serve and solvethis multi-faceted problem:

  • Financial Navigation
  • Financial Education
  • Financial Assistance (ongoing)

Financial Navigation will allow New Day to assist hundreds of additional families without providing direct financial assistance by using a technology platform to predict financial burden in the early stages of a diagnosis and provide vital resources to offset the burden.

Financial Education will empower patients and caregivers through a series of resources including an informative Financial Handbook that equips them to manage financial roadblocks. New Day is also collaborating with a national nonprofit, Family Reach, on data collection, analysis and research to better understand the impact of financial toxicity and create awareness beyond the healthcare industry.