Tallahassee, FL (PRWEB) August 28, 2013
Exchange EDI, LLC, a leading healthcare cash flow and payments management company announced today a strategic distribution relationship with Priority Payment Systems Atlantic, a leading professional association payments management services distributor.
“I am pleased to announce that Exchange EDI and Priority Payments Systems Atlantic have entered into a strategic distribution relationship that leverages the market presence and distribution channels of both companies,” stated B. P. Fulmer, Managing Partner of Exchange EDI. “Of particular interest to me is, while both companies are engaged in fostering payment processing and settlement efficiencies in the healthcare market, we have a common objective of changing paradigms, not just making incremental changes around the margins.”
Alan Brandfon and Scott Einiger, Partners of Priority Payment Systems Atlantic added, “ACMP” (Association Channel Medical Program) is the platform we are using to develop the healthcare professional association market as a distribution channel to deliver a set of proven cash flow management tools for the out- patient healthcare market. The services encompass patient responsibility settlement at the point-of-service, auditing of insurance payer under payments, patient benefit verification, and a lowering of all payment processing costs. The combined result of this program increases the profitability of the average practice by 7% to 12% without seeing any additional patients and without adding any additional staff. ACMP is the product and vision of a group of health care market professionals that set out to structure an effective solution designed for healthcare providers that, with the support of their professional associations, simplifies and manages payer cash flow control and patient settlements automatically.”
Mr. Einiger, has spent 27 years as a healthcare professional directly focusing on insurance payer under payments. Scott believes that the combination of efficiently lowering payment processing costs by Priority Payment Systems Atlantic and the groundbreaking technology implemented by Exchange EDI, will be a game-changer in the Medical industry. Scott has extensive experience, and close relationships with medical associations and medical societies, and states that the demand and commitment for this product has been tremendous.
Mr. Brandfon continued, “We have engaged Exchange EDI as our technology and servicing partner. What is particularly exciting for us is that we have a shared vision of change. Their decades of experience in healthcare transaction processing and cash flow management services bring together the payments settlement and cash flow management components.
About Exchange EDI, LLC:
Founded in 2009, Exchange EDI is focused on developing intelligent technology solutions that integrate health and financial transactions into a single process, delivering information at the point-of-care to accelerate the cash flow management process while reducing administrative costs for providers and securing accurate payment from payers.
Alan Brandfon - Partner
Priority Payment Systems Atlantic