Health iPASS Revenue Cycle Insights

Health iPASS Raises $10 Million Series A Funding on its Quest to Guarantee Patient Payments

Posted by Rajesh Voddiraju on Nov 13, 2018 3:00:00 AM

Health iPASS is proud to announce that we have recently topped off our $7.2 million dollar Series A funding with an additional $3.0 million from QED Investors – the financial technology-focused venture capital fund led by Nigel Morris, co-founder of CapitalOne. This investment from QED Investors will allow Health iPASS to further our mission as we help medical practices optimize their patient revenue cycle and improve the patient experience from appointment to payment. 

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Topics: VC Funding, optimizing patient payments, automation, patient revenue cycle

Health iPASS Feature Spotlight: What Happens After the Patient Leaves the Office?

Posted by Ryan Navratil on Nov 4, 2018 4:46:59 PM

As patient out-of-pocket expenses continue to rise, using the same old manual patient revenue cycle management (RCM) tools just isn’t going to cut it anymore. Did you know that after a patient leaves your office, there is only a 40% likelihood they will ever pay their bill? As the first post in our Health iPASS Features Spotlight Series, we are not going to begin at the beginning, but at the end, after your patient has walked out the door. Why? Because that is where the Health iPASS “rubber meets the road” - where our patient RCM solution makes a real difference in how (and how much) revenue your practice is able to collect from patients.

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Topics: payment auto-posting, optimizing patient payments, healthcare consumerism, The HealthiPASS Solution, patient revenue cycle

Test Your Knowledge of the Patient Revenue Cycle with Our New Facebook Quiz, and Be Entered to Win a $100 Amazon Gift Card!

Posted by Allyson Howard on Oct 29, 2018 8:25:31 AM

Facebook quizzes can be fun, but most of the time they are fluff pieces created to suck away your time with very little long-term or educational value. Sure, sometimes it's tempting to “Find Out What Cheese You Are Based on Your Zodiac Sign” or discover “Do You Know More About Donuts Than Your Friends?” but what do you really get out of it beyond losing several minutes of your time your will never get back?

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Topics: Health iPASS giveaways, optimizing patient payments, patient revenue cycle, The HealthiPASS Solution

How to Get Patients to Use Portals

Posted by Jeremy Horne on Oct 23, 2018 10:34:17 AM

Patients have begun to utilize patient portals as a means of better educating themselves on their own care and to more clearly communicate with their doctors. Patient portals have also played a key role to help optimize patient payments. The introduction of portals offers more convenient payment options for patients, helping to increase bill collections by 30 percent across medical practices. Have you adopted a patient portal at your medical practice? If you haven't, or your portal isn't performing as well as you expected, this post is for you.

What are Patient Portals

Patient portals are websites that allow patients to have 24-hour access to personal health information from anywhere with an internet connection. With a username and password, the portals allow patients to:

• Schedule appointments
• Receive eStatements and pay bills online
• Review lab results
• Request prescription refills
• Check benefits and coverage

One of the most notable features of patient portals is that they allow direct, secure communication between patients and doctors. This is great for patients as it allows immediate interaction and feedback to help make more timely, informed decisions about their care.

Benefits of Patient Portals for Providers

We have already discussed what portals can do for the patient, but they are also highly beneficial for providers. Many providers see portals as the primary tool for engaging patients and boosting patient satisfaction, retention and loyalty. A successful working relationship between patient and provider is increasingly important, and portals provide the direct interaction that is needed.

Building and sustaining strong relationships between patient and doctor is essential to improving overall care delivery. As a result, a patient is far more likely to trust and return to a doctor that they have a previously good relationship with and, perhaps more importantly, refer another patient to that provider for care. Ultimately this leads to better health outcomes.

Additionally, patient portals can accelerate cash flow for providers. By allowing patients to pay via a portal, providers are more likely to receive payments in full faster and with greater frequency. Plus, portals provide a convenient way for patients to pay on their own devices without the inconvenience of having to write a check and find a stamp. 

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Topics: improved patient experience, optimizing patient payments, patient portal, healthcare consumerism, improve patient collections, patient revenue cycle

Find Out How to Optimize Patient Payments as Elective Procedure Season Approaches at the Midwest AAOE Fall Meeting

Posted by Greg Rakas on Oct 11, 2018 11:49:48 AM

You know what’s a great way to spend a crisp, mid-October weekend? Driving through the mountains, enjoying the changing fall leaves, and maybe stopping by a quaint roadside stand for some hot cider. If you are down in the Ozarks, why not stop by the Midwest AAOE Fall Meeting? Health iPASS will be there, sharing our patient revenue cycle solution with providers looking to optimize patient payments, boost patient engagement, and provide greater price transparency.

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Topics: orthopedic practices, Patient Payments, elective procedure, price transparency, patient revenue cycle, revenue cycle predictions

Patient Engagement, Patient Revenue Cycle Solutions, and Payment Guarantees - Takeaways from MGMA 2018

Posted by Tina Anderson on Oct 5, 2018 10:45:04 AM

It has been a whirlwind few weeks at Health iPASS as we have been making final preparations for the National MGMA 2018 Conference. There’s nothing quite like finally seeing our custom-designed booth on the trade show floor, our check-in kiosks that are redefining the patient revenue cycle set up and ready, our new video looping on multiple TVs in the background, and our team’s smiling faces, pumped up and ready to share the Health iPASS solution with conference attendees (gazes wistfully into the distance). Ah well, I’m sure you’ll forgive me if I wax poetic.

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Topics: MGMA2018, improve patient collections, patient engagement, patient revenue cycle, price transparency, The HealthiPASS Solution

Webinar Today! Accelerating Patient Revenue Performance Through Automation with Special Guest Kate Cullip from Colorado Allergy & Asthma Centers

Posted by Allyson Howard on Sep 27, 2018 8:40:36 AM

We hope that you can join us today at 2pm EDT for a special webinar on the value of automating your patient revenue cycle to accelerate positive performance. We are pleased to be co-presenting today with Kate Cullip, Business Office Director at Colorado Allergy & Asthma Centers who has been using the Health iPASS check-in and patient revenue cycle solution since April of 2018.

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Topics: Webinars, patient revenue cycle, revenue cycle, Revenue Cycle Management, Colorado Allergy & Asthma Centers, Patient Payments

Learn the Secrets of Achieving 97% Patient Collections, How to  Optimize Patient Payments and Much More at MGMA 2018, Booth #2438

Posted by John Trader on Sep 25, 2018 9:14:36 AM

As famous artist and cultural icon Andy Warhol once said, “The idea of waiting for something makes it more exciting.” So true, but finally the wait is almost over!

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Topics: MGMA2018, Patient Payments, The HealthiPASS Solution, price transparency, patient revenue cycle

IBJI Chooses Health iPASS to Help Optimize Patient Payments and Promote Price Transparency

Posted by Rajesh Voddiraju on Sep 19, 2018 3:00:00 AM

Health iPASS is excited to announce our newest partnership with Illinois Bone and Joint Institute (IBJI), one of the largest orthopedic group practices in Illinois. Our team has been working hard to develop this relationship, and we are proud that a market mover such as IBJI has selected us as their patient revenue cycle solution.

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Topics: price transparency, Patient Payments, HDHPs, The HealthiPASS Solution, patient revenue cycle, healthcare consumerism

Curious on How to Improve Patient Collections at Your Practice? Attend Our Webinar September  27th!

Posted by John Trader on Sep 11, 2018 8:26:52 AM

We are excited to announce Health iPASS is offering a free webinar on the value of automating the patient revenue cycle with our partner Colorado Allergy & Asthma Centers. Attendees will learn how to identify revenue cycle inefficiencies, the value of revenue cycle automation, and much more by attending our live webinar 2 - 3pm ET on September 27, 2018.  Get the straight dope on the most pressing issues facing medical practice patient revenue collection directly from our founder and CEO Rajesh Voddiraju as he co-presents with Kate Cullip from Colorado Allergy and Asthma Centers. Webinar attendees can expect to gain an understanding of the following:

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Topics: Webinars, improve patient collections, The HealthiPASS Solution, patient revenue cycle

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