Financial - Explanation of Benefits Messaging vs VisitPay

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Financial - Explanation of Benefits Messaging

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VisitPay

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Product Description:

Educate patients about services covered and details of their insurance benefits.

About PatientBond, Inc.:

PatientBond’s cloud-based, digital health platform automates patient engagement and care coordination with two-way communications, response tracking and real-time adjustment & optimization. PatientBond offers solutions to tackle many business and clinical challenges, including Healthcare Consumer Awareness/Marketing, Pre Visit, Point of Care, Patient Loyalty and Patient Collections for Health Systems, Physician Practices, Urgent Care Centers and Payers. PatientBond personalizes communications based on patients’ motivations and channel preferences using a proprietary psychographic segmentation model developed by healthcare consumer experts from P&G, the worldwide leader in consumer products and advertising. PatientBond enables you to activate desired patient behaviors to increase revenue and volume while ensuring cost avoidance and savings.

Product Description:

The new healthcare economy is here. And succeeding in this new economy requires a shift in the financial relationship between health systems and patients. VisitPay helps you make that shift by giving you the power to manage your financial relationships better than a bank—so you can focus on what you do best: providing exceptional patient care. The VisitPay platform can integrate with multiple billing systems simultaneously to present bills and payment options that make it remarkably easy for patients to understand, verify and pay.

About VisitPay:

VisitPay develops patient-centered self-pay solutions for health care providers. The company specializes in developing reports within revenue cycle management practice area, as well as enables users to merge financial, operational, and clinical information in a common reporting structure. It offers Self-Pay Engine, which provides an integrated suite of services, business intelligence, processes, and payment-producing products that allow hospitals to manage self-pay receivables. In addition, the company offers professional consulting, technology, and advisory services for self-pay management practices and systems that include dashboards and reporting tools, self-pay strategy assessment, data integration, and portfolio valuation services. Further, it provides self-pay process management services, including inventory management, work flow and processes, payment estimation, charity care identification, analytics, vendor management, payment tools and strategies, and legal programs. The company was incorporated in 2010 and is based in Boise, Idaho.

Compatibility level

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Clients

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Use Cases

Description:

Educate patients about services covered and details of their insurance benefits

Pediatric use cases:

Parent/guardian can receive EOB communications

Users:

Patient

Description:

None provided

Pediatric use cases:

None provided

Users:

None provided

EHR Integrations

Integrations:

Acute care EMR, Ambulatory EMR, Ancillary EMR, ERP system, Patient portal, Pop health platform, Access +/or revenue cycle, Website / public online sources, Other

EMR Integration & Relevant Hardware:

Recommended, but not required

EMRs Supported:

Epic, NextGen, athena, GE, Other, Athenahealth, Cerner, Meditech, Allscripts, eClinicalWorks, McKesson, Azalea Health/Prognosis, CPSI, Self-developed, Allscripts/Eclipsys

Hardware Compatibility:

Desktop, Mobile / Tablet (web optimized), Mobile / Tablet (native app)

Integrations:

None provided

EMR Integration & Relevant Hardware:

None provided

EMRs Supported:

None provided

Hardware Compatibility:

None provided

Client Types

Academic Medical Centers

Accountable Care Organizations

Rural Hospitals

Small Medical Facilities

Medium Medical Facilities

Extra Large Medical Facilities

Pediatric Hospitals

Academic Medical Centers

Accountable Care Organizations

Rural Hospitals

Large Medical Facilities

Medium Medical Facilities

Extra Large Medical Facilities

Differentiators

Differentiators vs EHR Functionality:

PatientBond Explanation of Benefits automates the process of messaging patients on EOB

Differentiators vs Competitors:

PatientBond Explanation of Benefits messaging can be bundled with PatientBond's extensive list of products across Financial, Marketing and Health

Differentiators vs EHR Functionality:

None provided

Differentiators vs Competitors:

None provided

Keywords

eob,explanation of benefits,benefits,revenue cycle management,rcm

Images

No images provided

Videos

No videos provided

Downloads

PatientBond Platform for Finance | Motivate Patient Payments

No content provided

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Company Details

By PatientBond, Inc.

Founded in 2011

By VisitPay

Founded in 2010

Visit Website

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