Exciting news to share! Today, we announced a new strategic partnership with Frost Arnett, an accounts receivable management (ARM) industry leader with over 120 years experience. The partnership is designed to help expand the adoption of the Health iPASS patient payment solution to medical practices throughout the U.S. and to further promote greater price transparency in healthcare.
The proliferation of high deductible health plans (HDHPs) combined with an increasingly educated healthcare consumer population seeking patient payment clarity and convenience was an important catalyst that sparked the idea to create an alliance with Frost Arnett. The partnership provides a critical front-end accounts receivable patient payment solution to the Frost-Arnett Business Services portfolio and helps introduce the Health iPASS revenue cycle solution to a broad client base seeking help to address the challenges of resolving patient balances.
You already may know that we specialize in simplifying the patient payment experience by providing an intuitive and user-friendly solution that offers:
- Self-service patient check-in and check-out.
- Real-time insurance eligibility verification.
- Instant and clear patient visit cost estimates (not just gross charges).
- Automated collection of prior balances, copays and pre-service deposits at check-in.
- Automated collection of patient balance after insurance payments without the need for paper statements, phone calls or harsh collection practices.
- Peace-of-mind that what’s being collected is the right amount, at the right time.
We help healthcare providers to increase profits by eliminating bad debt and lowering the cost of patient billing and collections. Plus, Health iPASS excels at reducing aged accounts receivable and lowering denied claims to ensure providers are accurately and timely paid for the care services they provide. Did you also know that there are no up-front capital expenditures to implement the Health iPASS patient payment solution? Providers only pay a small percentage of the dollars they collected in a true pay-for-performance model.
How can we help you to accelerate collections and bring transparency to the patient payment experience? Join the network of healthcare providers currently reaping Health iPASS patient payment solution dividends and better prepare your medical practice for the widening ripple of healthcare consumerization.
Take a few moments from your day and schedule a demo of the Health iPASS solution today!