It’s summertime, and the living’s easy--- especially for us at Health iPASS with the help of our newest crop of summer interns! As a startup company, Health iPASS embraces innovative ideas and fresh perspectives, which is why hiring interns is an important part of our DNA. We also enjoy getting people off to the right start by providing real-world experience and the opportunity to problem-solve in authentic work situations. This year, we have welcomed interns Liam Drury, who is studying marketing at New York University, and Zohaib Baig, who is studying finance at University of Illinois at Chicago. Here’s what they had to say about interning at Health iPASS this summer.Read More
Ever have too many errands to run, making you wish there was a one-stop shop for all your needs? What a time and energy saver that would be, am I right? Well, hey presto! If you’re an athenahealth user, we’ve got some great news for you! Health iPASS is now an MVP Marketplace Partner available in the athenahealth® Marketplace to athena’s growing network of 120,000 healthcare providers.Read More
It's no longer a secret that medical practices across the country continue to struggle with collecting patient payments. By now, most of us know that the rise of high deductible health plans (HDHPs) are straining patients' wallets and pushing the need for providers to not only be more transparent about what patients owe up-front and post insurance claim adjudication, but also offer more flexible payment options and the ability to leave a payment-on-file for a specific encounter.
Quickly doing the math would lead one to realize that medical practice specialties providing services that result in high out-of-pocket patient expenses are more at risk from the repercussions of not modernizing their patient revenue cycle with technology that automates, increases price transparency into the cost of care, and presents more payment options including the ability to leave a payment-on-file and pro-actively set up payment plans for large balances.
We have exciting new to share! Health iPASS has been nominated for the 2018 Chicago Innovation Awards which recognizes pioneering products and services created by Chicago-based businesses. Even back in 2015, Chicago was thought to be the future hub of healthcare IT due to its high concentration of prestigious medical associations such as The American Medical Association (AMA) and the American Academy of Pediatrics (AAP), groundbreaking teaching hospitals, and influential healthcare publications. Chicago is also home to a large number of payer and practice management system headquarters. Certainly, Health iPASS is proud and grateful to be a part of such a robust and extensive healthcare IT community with the support of so many talented individuals within our network.Read More
One of the telltale signs that the hard work you put into making your company a success is paying off comes through recognition from prestigious and influential organizations. Today, we want to share the good news that Health iPASS was just named as one of the 2018 20 Most Promising Technology Companies by SiliconIndia!Read More
I don’t know about you, but I love watching the show Fixer-Upper on HGTV. There’s just something so satisfying about seeing an outdated and sometimes completely trashed house be transformed into something beautiful and functional. Have you ever seen an episode where nothing seems to go right, and the house turns out to have all kinds of hidden problems beyond the issues that are immediately visible to the eye? Host Chip Gaines goes to knock down an unappealing interior wall, only to find black mold lurking in the joists, or a rotten wooden is exterior is removed, revealing an infestation of—eek—termites! Now the homeowner is forced to dish out all kinds of additional money they were not ready to spend.
Regrettably, the healthcare industry is like that. Once you peel back the already flawed exterior, even more problems become evident, and on and on until it is apparent that the system is more broken than most even realize.
This issue is discussed at length in this May 2018 MedCity News "Medcitizens" article by our founder and CEO Rajesh Voddiraju entitled, “The Hidden Costs of Healthcare’s Hidden Costs.” The article begins by highlighting a disturbing trend that has emerged in the healthcare industry over the last ten years—small to mid-sized practices being forced to close their doors due to soaring costs and decreased revenue. The healthcare providers from these practices are then often absorbed by larger healthcare systems and hospitals.
Unfortunately, these large healthcare systems and hospitals simply do not provide the same level and quality of some types of preventative care, as evidenced by this study. Worst of all, the increased consolidation of medical practices may well lead to increased healthcare costs for everyone.
Very excited to announce the good news that Sudhakar Ramakrishna has joined the Health iPASS Board of Directors! Mr. Ramakrishna brings a strong track record of developing Silicon Valley technology companies along with deep experience launching client facing technology products.Read More
Topics: The HealthiPASS Solution
What you don’t know can’t hurt you, right? This idiom has been at the forefront of society’s negative feelings towards understanding the cost of healthcare for far too long. From a patient’s point of view, the "black box" of mystery and confusion surrounding the price of medical procedures can be frustrating and confusing considering their rising responsibilities to pay more from their own pockets for the cost of care.Read More
CHICAGO – December 6, 2017 – HealthiPASS, a patient check-in and payment technology provider that helps patients and providers combat the new healthcare reality of higher patient out of pocket expenses, announced it has raised a $7.2 million Series A funding round, led by FCA Venture Partners, with participation from venture firms from the Bay Area to Boston including: OCA Ventures, Healthy Ventures, HealthX Ventures, Waterline Ventures and a small group of strategic investors. The funds will be used to further innovate and expand the patient payments platform and sell into ambulatory healthcare settings across the country.Read More