Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Offer 24/7 direct access for patients, residents, and their caregivers to easily manage payments for healthcare services, featuring secure and adaptable payment methods that cater to individual preferences. A user-friendly portal allows for the acceptance of various payment types, ensuring that users clearly understand their financial responsibilities and boosting overall satisfaction. Payments can be made at the point of service, online, through payment plans, by storing cards on file, over the phone, or via mail. Enhance cash flow by streamlining payment collections from patients and residents. Consolidate all payment information under a single login, simplifying access. Utilize standard reporting tools or generate and export an unlimited number of custom reports to reduce manual workload. Monitor and reconcile payments in real-time to ensure precision and facilitate efficient end-of-day reconciliation. Enhance the payment experience for patients, residents, and staff alike, while implementing flexible solutions like text-to-pay to bolster cash flow and improve convenience. This comprehensive approach not only simplifies payment processes but also fosters better relationships between healthcare providers and those they serve.
Description
Modern Treasury offers a payment operations platform along with versatile APIs that simplify the integration of money movement and tracking into your offerings without requiring significant effort. The process of money movement encompasses much more than simply transferring funds; our APIs streamline large-scale money transfers, encompassing bank connections, payments, and reconciliation, while our web application grants comprehensive oversight of fund flows, complete with approval workflows, notifications, and detailed reporting. By integrating directly with your bank rather than positioning ourselves within the flow of funds, we ensure that payments are executed twice as quickly. You can establish approval protocols and monitor payments from their initiation all the way through to reconciliation, with capabilities for ACH, RTP, Wire, and international payment solutions all accessible through a single API and web interface. Additionally, we facilitate automatic reconciliation of completed payments against your bank statement transactions as they are recorded, matching returns and reversals to their corresponding payments, which significantly enhances the efficiency of cash reconciliation processes. This seamless integration ultimately empowers businesses to focus more on growth while we handle the complexities of payment processing.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Inovalon Provider Cloud
Yes
NetSuite
No
Plaid
No
QuickBooks Online
No
TeamOhana
No
Integrations
Inovalon Provider Cloud
No
NetSuite
Yes
Plaid
Yes
QuickBooks Online
Yes
TeamOhana
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$499 per month
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Inovalon
Founded
1998
Country
United States
Website
www.inovalon.com/products/provider-cloud/revenue-cycle-management/patient-payments/
Vendor Details
Company Name
Modern Treasury
Country
United States
Website
www.moderntreasury.com
Product Features
Revenue Cycle Management
Accounts Receivable
No
Claims Management
No
Collections Management
No
EHR/EMR Integration
No
For Healthcare
No
ICD-10 Compliance
No
Insurance Verification
No
Medical Billing
No
Patient Portal
No
Patient Registration
No
Patient Scheduling
No
Payment Processing
No