iPatientCare and PatientPay Partner to Enhance Paperless Bill Pay Capability in the iPatientCare Application
Durham, NC and Woodbridge, NJ (PRWEB) July 22, 2015 -- iPatientCare, Inc., a pioneer in mHealth, cloud-based ambulatory EHR and integrated practice management solutions, today announced the integration of PatientPay’s innovative healthcare billing solutions with iPatientCare Application.
PatientPay eliminates the costly and complicated paper-based billing method used by the overwhelming majority of healthcare providers and drives down the expense and drives up the productivity associated with this activity by as much as $4.00 per payment collected. Since PatientPay cuts in half the time to payment it takes with paper statements, healthcare professionals realize improved cash flow and reduced accounts receivables.
PatientPay is available now to all users of iPatientCare’s solutions. Implementation does not require involvement by IT professionals or any interruption to a practice’s daily operations. Since it is embedded into the iPatientCare software, PatientPay does not require business office personnel to learn new procedures.
“iPatientCare has a long and enviable history of technological innovation in healthcare information management. PatientPay is honored to have its bill pay service integrated with iPatientCare’s software,” said Tom Furr, PatientPay’s CEO. “Practices using iPatientCare that opt to employ PatientPay will realize immediate benefits and, by extension, so too will their patients.”
“IPatientCare prides itself on being the company that offers the right product at the right time to small-to-medium-sized medical practices and hospitals,” said Udayan Mandavia, iPatientCare’s President and CEO. “Given that High Deductible Health Plans (HDHPs) are raising the level of bad debt for insured patients among practices using iPatientCare’s management software, PatientPay is very much the right product for these times. It easily and effectively helps to reduce accounts receivables so practices of all sizes and types can operate profitably.”
HDHPs put much more of the payment responsibility in the hands of healthcare consumers covered such plans. As a result, McKinsey, the management consultancy, suggests bad debt levels from insured patients can rise more than 30 percent per year among healthcare providers.
About iPatientCare, Inc.
iPatientCare, Inc. is a privately held medical informatics company based at Woodbridge, New Jersey. The company’s unified product suite includes Electronic Health/Medical Record and integrated Practice Management/Billing System, Patient Portal/PHR, Health Information Exchange (HIE), and Mobile Point-of-Care Solutions for both Ambulatory and Acute/Sub-acute market segments. iPatientCare has been recognized as a preferred MU partner by numerous Regional Extension Centers (REC), hospitals/health systems and academies, and has been designated as a Test EHR by the CMS.
iPatientCare EHR 2014 (2.0) has received 2014 Edition Ambulatory Complete EHR certification by ICSA Labs, an Office of the National Coordinator-Authorized Certification Body (ONC-ACB), in accordance with the applicable eligible professional certification criteria adopted by the Secretary of Health and Human Services (HHS).
Full certification details can be found at ONC Certified Health IT Product List.
IPatientCare Inpatient EHR 2014 (2.0) Received ONC HIT 2014 Edition Complete EHR Certification from ICSA Labs, determines ability to support eligible hospitals with meeting meaningful use stage 1 and stage 2 measures required to qualify for ONC Health IT funding under the American Recovery and Reinvestment Act (ARRA).
Full certification details can be found at ONC Certified Health IT Product List.
The ONC 2014 Edition criteria support both Stage 1 and 2 Meaningful Use measures required to qualify eligible providers and hospitals for funding under the American Recovery and Reinvestment Act (ARRA).
Visit http://www.iPatientCare.com for more information.
About PatientPay, Inc.
PatientPay is a patented, web-based service for physician groups, hospitals and their patients to process and manage bills and balances. It changes a complicated and expensive process to collect payments within days versus months, at a savings of up to $4.00 per payment compared to traditional paper-based payments and online portals.
PatientPay, based in Durham, North Carolina, reaches more than 35,000 healthcare providers through its network. The service can combine with any system for an integrated online solution that automates billing, collections and posting of patient payments. For more information, please visit http://www.patientpay.com or call 1.888.730.9374.
Udayan Mandavia, iPatientCare, Inc., http://www.ipatientcare.com, +1 347.423.8433, [email protected]
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