Patient balances have tripled in the past few years and are now a critical source of revenue for Revenue Cycle Management (RCM) companies.
Unlike other billing and payment platforms, we're the leading end-to-end solution focused on these complex financial challenges.
Higher Collection Rates
Integrate into an RCM’s existing infrastructure
Statement alignment with a patient’s Explanation of Benefits (EOB)
Insights into propensity-to-pay
Custom online and print statements
Analytics to increase collection rates
Flexible payment options
Reduce Patient Calls
Reduce the number of inbound calls by up 60% of your current volume
Reduce call center costs
Increase payments and collect faster
Complete Overview of Your Customers
Leading end-to-end patient payment platform
Comprehensive dashboard
Integrate into your current workflow
Integrates Into Workflow
Send an 837 or statement file to PatientPay
Patients that have an email address or mobile phone receive an electronic notification
Patients who prefer bills by USPS get a clean and easy to understand statement
Funds are sent to your client's financial institution
An 835 is sent by PatientPay automatically reconciling these funds
Collect In Advance or at Time of Service
- PatientPay AdvanceSM gives patients the option of paying a portion, or all of their financial obligation before they arrive
- PatientPay NowSM gives patients the same option when they are present
- Both PatientPay Advance and PatientPay Now can connect to your estimation solution
Insight Into Your Data
- Become smarter with your billing process
- Customizable dashboards
- Targeted for payment strategies
- Insights into response rates and overall collections
- Better forecast your cash flow.
Cost Savings and Efficiency
- Improve the financial relationship between specialty care providers and their patients
- Save up to 50% on collected payments
- Reduce your call volume, mailing, processing and reconciliation costs
- Eliminate errors and payments posted to the oldest balance due
We Get Paid When You Do
PatientPay employs a pay-for-performance model just like you, which means that if a patient doesn’t pay their bill, then we don’t collect a fee. To be a true partner we share in the risk and that means that when you succeed, we succeed.