At the core of “Instant Integration” is US Patent No. 8,155,983, a business process that enables a quick, easy and reliable connection with any currently available PMS.
Durham, NC (PRWEB) April 10, 2012
The cost, time and complexity associated with integrating a medical group’s Practice Management System (PMS) with an online patient payment processing service is now dramatically reduced by an “Instant Integration” capability of the PatientPay℠ service from Zepherella™, a provider of paperless billing and electronic patient payment processing for the healthcare industry.
At the core of “Instant Integration” is US Patent No. 8,155,983, a business process that enables a quick, easy and reliable connection with any currently available PMS. The process was developed and patented by Zepherella and is recognized as a significant advancement in the automation of healthcare practices in the US.
The PatientPay service can be connected to any PMS with a few mouse clicks and no set-up cost or ongoing monthly fees. Medical practices will realize the benefits of the service right away and without the additional cost and time typically expended when an IT group is brought in for integration. Since PatientPay automates the payment process that’s similar to an insurance payment, the cost to handle a traditional paper invoice is reduced by up to 50% for a $100 payment.
According to the McKinsey & Co. report “Overhauling the U.S. Health Care Payment System,” the average cost to process a health care transaction is about 15 percent while the transaction cost in the U.S. retail sector is between 2 and 3 percent.
“PatientPay’s patented integration capability is Zepherella’s latest example of its commitment to bring the healthcare transaction cost down by leveraging automation through the existing healthcare payment infrastructure,” said Tom Furr, Zepherella’s CEO. “With it we have eliminated the cost of manual back-end processing that’s required by all other out-of-pocket payment vendors.”
“We are thrilled to offer PMS vendors and revenue cycle management companies’ virtually instant access to our cost-effective service for their clients. PatientPay permits seamless patient payment data posting and offers a better payment experience for patients.”
About Zepherella, Inc.
Zepherella is an innovator in healthcare payment services, specializing in paperless billing and electronic payment processing designed to reduce the total cost of patient billing. Its secure, cloud-based PatientPaySM service drives down expense by eliminating the labor-intensive and error-prone manual, back-end effort to process paper bills or payments made on traditional online portals. PatientPay can integrate with any Practice Management System, a result of the Zepherella-developed and patented technology. As such, it can serve a diverse range of operations from small medical practices to larger healthcare providers, including hospital-based physician groups as well as billing companies. Established in 2008, Zepherella has its headquarters in Durham, NC. For more information, please visit http://www.zepherella.com or call 1-888-730-9374, extension 709.