Innovation * Growth * Transformation * Industry Leading – Our Accomplishments in 2013!
1) HOTEL CHECKOUT MODEL – EASIER THAN EVER TO COLLECT
Discover our patented Estimator solution with Real-Time Pricing Intelligence.
The enhanced Estimator makes it easier than ever to estimate payment amounts, securely store payment information and automatically collect the payment owed.
2) ANYWHERE, ANY TIME WITH INSTAMED MOBILE
Access the InstaMed Network like never before.
The InstaMed Network is now accessible with any tablet or mobile device – from anywhere at any time.…
In our last post, we stated that Smart Big Data has the capability to transform the collection process in healthcare. By using Smart Big Data to trigger automated processes and real-time decisions at the staff level in daily operations, providers can collect patient payments efficiently, navigate the changes facing the healthcare industry – and ultimately, to thrive.
Finding Payment Assurance in the Healthcare Industry
When you stay at a hotel, are you able to check in without giving your payment card? Of…
As healthcare reform adds millions of new consumers to the U.S. healthcare system and deductibles continue to rise, providers must operate more efficiently to keep administrative costs low and collect more from patients. Many industry experts believe that the recent influx of data and analytics due to innovation in healthcare technology, or Big Data, will give all healthcare organizations the ability to navigate the changes – and ultimately, to thrive. In fact, a recent McKinsey report estimates that Big Data…
Sixty-two percent of patients said they normally paid their monthly household bills online, such as utility or cable bills.
Seventy-two percent of patients said they would be interested in paying their healthcare bills online.
- Trends in Healthcare Payments Annual Report: 2012
As consumers, patients expect to pay healthcare bills when and how they chose, as they do for their other bills, but these expectations are widely unmet in the healthcare industry.
To meet these payment expectations, providers can easily connect to…
In 2014, all payers will be federally mandated to support electronic funds transfer (EFT) and electronic remittance advice (ERA) in accordance with the requirements specified in the CAQH CORE Operating Rules. Providers may be wondering how this mandate will affect payer payments and what you must do to be compliant.
Under the mandate, providers have no obligation to accept ERA/EFT from payers. However, the mandate enables providers to improve efficiency and reduce administrative costs. Read on to learn more about how…
In today’s shifting healthcare payments market, providers of all sizes – from large medical system to solo-physician practices – are searching for ways to reduce costs and collect more patient payments. Many sources are searching for solutions to help providers, such as improving efficiency and empowering employees.
What about empowering employees through improving efficiency? In this post, read how three providers cleared out the clutter in the administrative workflow and gave their staff the tools to do their jobs more easily…