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Description
Introducing the inaugural unified automation™ solution tailored exclusively for the management of healthcare revenue cycles. Establishing trust within healthcare starts with enhanced revenue cycle practices. It's time for RCM to undergo a transformation, and it should be a comprehensive one. Our conviction is that every dollar allocated to healthcare is significant. This belief inspired the creation of AKASA (previously known as Alpha Health), designed to harness advanced technology to tackle the obstacles in revenue cycle management. These obstacles ultimately have financial repercussions for everyone involved. The current methods in RCM hinder the reduction of administrative expenses in healthcare and fail to enhance performance, while existing solutions tend to complicate matters further and inflate costs. The intricacies surrounding medical reimbursements in the United States contribute to rising hidden expenses that affect us all, diminishing the trust individuals have in the healthcare system's ability to meet their needs effectively. In fact, in 2019, the United States incurred an estimated $500 billion in medical billing and insurance administrative costs, highlighting the pressing need for reform. Addressing these challenges is essential for creating a more efficient and reliable healthcare environment.
Description
PatientPay provides an all-encompassing, adaptable, and secure billing and payment technology aimed at improving revenue cycle management for healthcare providers. By seamlessly integrating with current practice management or health information systems, PatientPay simplifies the payment experience, minimizing administrative workload and speeding up cash flow. The platform accommodates a variety of payment options, such as credit cards, HSA/FSA, eCheck/ACH, and digital wallets like Apple Pay, Venmo, PayPal, and Google Pay, thereby appealing to a wide array of patient preferences. Importantly, PatientPay's solution adheres to HIPAA and TCPA regulations, facilitating effective communication with patients through their chosen channels, including text and email, which enhances engagement and satisfaction levels. Furthermore, PatientPay features a sophisticated dunning engine that guarantees timely and appropriate interactions with patients, resulting in quicker payments, averaging under 14 days in comparison to the typical industry timeframe of 45 to 60 days. This commitment to efficiency not only boosts the financial health of practices but also reinforces positive patient relationships.
API Access
Has API
API Access
Has API
Integrations
Apple Pay
Google Pay
PayPal
Venmo
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
AKASA
Country
United States
Website
akasa.com
Vendor Details
Company Name
PatientPay
Founded
2008
Country
United States
Website
www.patientpay.com
Product Features
Revenue Cycle Management
Accounts Receivable
Claims Management
Collections Management
EHR/EMR Integration
For Healthcare
ICD-10 Compliance
Insurance Verification
Medical Billing
Patient Portal
Patient Registration
Patient Scheduling
Payment Processing
Product Features
Revenue Cycle Management
Accounts Receivable
Claims Management
Collections Management
EHR/EMR Integration
For Healthcare
ICD-10 Compliance
Insurance Verification
Medical Billing
Patient Portal
Patient Registration
Patient Scheduling
Payment Processing