I think the most dramatic feature of the mPay Gateway software is its ability to determine the patient's portion of their bill at the time of service and settle payment as soon as the insurance company pays. I'm looking forward to implementing our first installation at Kentwood Family and believe it will greatly accelerate the collection process for all users.
Minneapolis, MN (PRWEB) June 13, 2008
mPay Gateway, a Minneapolis, MN company specializing in point of care patient payments, announced today e-Health Community Consultants, LLC is mPay Gateway's latest reseller. The Kentwood, Michigan-based e-Health Community Consultants is a physician owned consulting firm offering value-based software and services that help medical practices increase revenues and reduce costs.
"We are thrilled to have e-Health Community Consultants as a partner," said John Wallace, Senior Vice President for mPay Gateway. "The organization is already assisting hundreds of providers improve their organizations' profitability and our mPay Gateway software allows them to further leverage their success."
e-Health Community Consultants provides their clients industry-leading software solutions for increasing Pay for Performance reimbursements, achieving PQRI standards, and establishing paperless, high availability electronic medical records. Bruce Baker, DO is the organization's founder and principal owner. e-Health Community Consultants will be immediately implementing the mPay Gateway software at Kentwood Family Physicians, a three provider practice in Grand Rapids, Michigan.
"The mPay Gateway solution is an excellent addition to our current offering because it helps improve physicians' cash flow and reduce collection costs," said Dr. Baker. "I think the most dramatic feature of the mPay Gateway software is its ability to determine the patient's portion of their bill at the time of service and settle payment as soon as the insurance company pays. I'm looking forward to implementing our first installation at Kentwood Family and believe it will greatly accelerate the collection process for all users."
mPay Gateway delivers web-based software that facilitates point of care electronic patient payments to health care providers. The company's unique approach enables providers to obtain patient payments while the patient is still at their facility, thus reducing bad debt exposure and the need for post-service billing and collection.
The average physician practice in the US today writes off fifty cents of every dollar billed to patients after the patient leaves the office due to inefficient collection processes and confusing insurance plans. The mPay Gateway product simplifies the patient-provider encounter and enables the provider to collect from the patient when the services are rendered, thus reducing bad debt exposure and the need for post-service billing and collection.
About mPay Gateway
mPay Gateway provides health care facilities a virtual POS terminal for accepting credit and debit cards for patient co-payments and other known charges. Providers are able to quickly process an authorization amount based on a system-estimated patient liability estimate. Much like the process in the rental car and hotel environment where the customer's card is not charged until after the customer leaves, the mPay Gateway system allows the provider to hold the authorization until the third-party payer has submitted a final remittance advice to the provider.
mPay Gateway was formed in January 2004 by former executives of eBenX (a pioneer in technology to support transactions between health plan sponsors and payers) to develop financial technology solutions addressing the complex payment requirements unique to the health care environment. mPay Gateway's integrated and comprehensive management software is distributed to physicians, hospitals, and other healthcare providers through financial services companies and healthcare information software and support providers.
For more information please visit http://www.mpaygateway.com.
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