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Description
Compatibility Level
Clients
Use cases
EHR integrations
Client types
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Jump to:
Categories
Solutions
Description
Compatibility Level
Clients
Use cases
EHR integrations
Client types
Differentiators
Keywords
Media
Company details
Paytient
Paytient

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Categories

Solutions

Description

Product Description:
- Pay any provider - Turn that payment into an interest-free payment plan - Using pre-tax or post-tax dollars
About Paytient:
Paytient is on a mission to remove cost as a barrier to care. Sold to employers, Paytient enables employees to pay any medical, dental, vision or veterinary expense over time via interest-free, HSA or payroll-deducted payment plans
Product Description:

For hospitals, it is 4x harder to collect from patients than insurance payers. Patients now make up to 30% of hospital revenue but are 4x harder to collect from than insurance payers1 due to complexity, regulation and patient means. 

Sift Healthcare provides advanced analytics and machine learning integrations to optimize patient payments. Sift combines patient payment expertise and AI-driven intelligence to equip providers with an integrated toolset to optimize patient financial engagement.

Patient collections should be a dialogue, not a solicitation. Sift integrates AI into your patient engagement platform to guide patient communications activities – maximizing collections while improving patient engagement.

  • Account Segmentation
  • Patient Contact Strategy
  • Payment Plan Provisioning
  • Improved collections, increased payment plan adoption, and reduced inbound/outbound calls

Propensity-to-pay for a person, not a number. Sift goes beyond credit scores, leveraging historical data to determine the best engagement approach for each patient.

  • Improved Patient Satisfaction
  • Pre-service patient financing and collection recommendations that help avoid surprises and set expectations
  • Lookalike predictive models, not credit scores and rule logic
  • Increased upfront collections with more empathy
About Sift Healthcare:
Sift Healthcare provides intelligent and accessible solutions for provider systems that need to extract meaning and value from their vast stores of payments data. Sift organizes and normalizes all of your payments data in one location, providing a holistic view of collections. Our denials and patient collection dashboards, payer scorecards, propensity to pay tools, market intelligence reports and enriched patient profiles enable revenue cycle teams to optimize workflows and accelerate cash flow.

Compatibility level

Select which hospital or health system you work at and see a personalized compatibility level.

Clients

Select which hospital or health system you work at and see the client list

Use Cases

Description:

Improve:

Financial Wellbeing

Employees gain access to the ability to pay for all their family's care over twelve months, interest-free.

Mental Wellbeing

Healthy employees are happy employees. Paytient can be used for all physical and mental health expenses - including veterinary care!

Physical Wellbeing

Decrease delayed care that can cause an increase in large claims for employers.

Pediatric use cases:

None provided

Users:

Employers, Brokers, Partners, Health Systems

Description:

Sift's intelligence tools and integrated ML recommendations around patient payments enable health systems to:

  • Pre-clear patients upfront.
  • Get more patients on payment plans, earlier.
  • Execute omnichannel contact across the entirety of the patient journey.
  • Help patients commit to meeting their financial obligations before service.
  • Utilize an integrated view of insurance-patient responsibility to optimize resolution and present patient responsibility, early and more accurately.
Pediatric use cases:

None provided

Users:

VP or Revenue Cycle, PFS executives, PFS team, SBO and CBO personnel, Patient Payment Collections Team

EHR Integrations

Integrations:

ADT, Access +/or revenue cycle

EMR Integration & Relevant Hardware:

Use case dependent

EMRs Supported:

Epic, Cerner, Meditech, Allscripts, NextGen, athena

Hardware Compatibility:

Desktop, Mobile / Tablet (native app)

Integrations:

Acute care EMR, Ambulatory EMR, Patient portal, Access +/or revenue cycle

EMR Integration & Relevant Hardware:

None provided

EMRs Supported:

Epic, Cerner, Meditech, Allscripts

Hardware Compatibility:

None provided

Client Types

None provided

Differentiators

Differentiators vs EHR Functionality:

Paytient enables members to better access care, affords employers plan design flexibility, reduces providers’ collections burden, and supplements insurance or health plan products.

  • Cost-effective method of improving access to care - funds are immediately accessible to eligible members
  • Risk- and liability-free for employers, health plans, and providers
  • Enhances members' existing healthcare financial tools - including insurance plans, gap products, and indemnity products and HSA/FSAs
Differentiators vs Competitors:

Don't just take our word for it. Our Net Promoter Score (NPS) of 93 proves how Paytient can impact people's lives for the better.

Differentiators vs EHR Functionality:
  • Unified and normalized data sets that are accessible and provide a full view of patient payment behavior 
  • Dynamic machine learning based workflows, rather than rigid rules-based logic
  • Intelligence that enables the most effective use of EHR functionality 
Differentiators vs Competitors:

None provided

Keywords

Images

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Videos

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Downloads

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Company Details

Founded in 2018

Founded in 2017

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