RevSure is a major disrupter in the patient revenue cycle management space with its unprecedented ability to guarantee patient payments.
OAKBROOK, Ill. (PRWEB) October 11, 2019
Health iPASS is excited to announce the launch of a new product, RevSure. RevSure is a patient payment solution for healthcare practices that completely eliminates patient-related accounts receivable and guarantees the collection of patient payments. The official launch date for RevSure is October 14, 2019, at the MGMA 2019 Annual Conference.
RevSure works differently than other patient revenue cycle management software because Health iPASS assumes all the risk of patient collections with no recourse. RevSure does not require patient credit checks and has zero set-up costs.
RevSure involves a simple, three-step process:
1) Patients check in to their appointment with Health iPASS.
2) The healthcare provider submits the insurance claim for that visit.
3) Health iPASS pays the practice the patient-responsible portion immediately upon claim adjudication.
RevSure eliminates the burden of bad debt and aged A/R and increases operating income and cash flow for healthcare providers. According the Health iPASS Founder and CEO Rajesh Voddiraju, “The bottom line is that healthcare providers have been losing revenue for a long time due to the complications presented by HDHPs, including the logistical difficulties of collecting from patients. RevSure is a major disrupter in the patient revenue cycle management space with its unprecedented ability to guarantee patient payments.”
RevSure will maintain the full list of features available with the legacy Health iPASS product, which includes the following:
- Smart appointment reminders
- Insurance verification
- Check-in and check-out kiosks
- Patient cost estimator
- Electronic statements
- Digital billing, including payment plans
- Online bill pay portal
About Health iPASS
Health iPASS gets your practice paid. High deductible healthcare plans are making it tougher to collect from patients, resulting in a significant reduction of provider operating income. Health iPASS transforms patient bad debt into guaranteed revenue, decreasing patient A/R in a way that your patients love. Our innovative product suite is designed to engage at every step of the patient journey, from pre-arrival to final payment. Throughout the process, we provide patients with peace-of-mind through price transparency, so they know what they owe. Health iPASS is committed to delivering better check-ins for patients and better revenue for medical practices.