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

0 review

Categories

Solutions

Description

Product Description:
PayMedix is our proven payment solution for all in-network allowed charges. All patients regardless of individual credit rating, receive the financial security of guaranteed credit, up to their out-of-pocket maximum. And providers are guaranteed up-front payment.
About Health Payment Systems, Inc.:
Health Payment Systems (HPS) offers a fully outsourced technology and services solution set that delivers an enhanced consumer experience that no one else offers today in healthcare. Headquartered in Milwaukee, WI , the HPS solution set includes “one statement, one payment and one place to call” for the consumer to access all of their providers’ claim data and payment options.
Product Description:

Just like every patient's visit is personal, their billing and payment experience should be too.

Trusted by hundreds of provider clients, including 4 of the top 10 health systems in the US. Flywire’s analytics-driven payment platform engages patients at every stage in the financial journey with easy-to-understand, affordable payment options.

About Flywire:

Flywire is a global payments-enablement and software company, trusted by organizations around the world to deliver on their customers’ most important moments. Our responsive billing and payments platform leverages deep analytics and machine learning to understand your patients capacity to pay, their preferred method of engagement, and where on their healthcare journey we need to meet them. We're delivering on your patients most important payments and maximizing collections for you and financial peace for your patients.

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:
  • PayMedix guarantees direct payment for all allowed in-network out-of-pocket charges, from all patients, not just those most likely to pay. PayMedix assumes responsibility for collecting patient balances.
  • PayMedix automatically enrolls all employees regardless of credit history. All employees get one simplified bill that summarizes all their charges, offers flexible payment options, and provides increased financial protection for their families. PayMedix helps employees pay for the care they get and get the care that they need. With over $5B in payments processed and a Net Promoter Score of 75, PayMedix helps you to better help your employees.
  • PayMedix gives TPAs a new way to expand their business and differentiate their offerings. Clients get a solution that enables them to improve access to quality care for all employees.
  • The PayMedix "SuperEOB" gives you one simple consolidated statement, instead of separate and confusing bills for each medical treatment. You are guaranteed full credit up to OOP maximums, regardless of individual credit history, with the option to pay at little or no interest.
Pediatric use cases:

None provided

Users:

Providers, Employers, TPAs, Patients

Description:

Built for today. Designed for the future.

We infuse a deep knowledge of analytics into the heart of everything we do, guiding patients to the financial path that is right for them, while providing you and your staff with real-time insights to chart the best future for your organization.

  • Data
  • Predictive Analytics
  • Matching
  • Results
Pediatric use cases:

None provided

Users:

Patients, Hospitals and Health Systems

EHR Integrations

Integrations:

Other

EMR Integration & Relevant Hardware:

Use case dependent

EMRs Supported:

Other

Hardware Compatibility:

Desktop, Other

Integrations:

Acute care EMR

EMR Integration & Relevant Hardware:

Use case dependent

EMRs Supported:

Cerner

Hardware Compatibility:

None provided

Client Types

None provided

Differentiators

Differentiators vs EHR Functionality:

PayMedix is a complete solution for all stakeholders, not a partial solution for some.

Differentiators vs Competitors:
  • PayMedix guarantees direct payment to Providers for all covered and in-network charges
  • PayMedix provides credit to all employees, regardless of individual credit history, up to their OOP maximum for all in-network charges
  • PayMedix is a proven solution that has processed more than $5 billion in medical payments
Differentiators vs EHR Functionality:

Affordability and engagement driven by analytics

You can’t solve for affordability unless you know what your patients need. Flywire’s responsive billing and payments platform leverages deep analytics and machine learning to understand your patients capacity to pay, their preferred method of communication, and where on their healthcare journey we need to meet them, placing them on their best path to financial success.

Differentiators vs Competitors:

Tap into a wealth of insights and automation

Our proprietary predictive analytics system offers a tremendous opportunity for revenue cycle leaders to fortify revenue streams and increase profitability by achieving better customer experiences, revenue attainment, cash acceleration, and securing stronger competitive differentiation.

Matching your patients with the best offer to meet their needs

Our unparalleled access to data allows us to have deeper insights into patients than any other patient financial engagement platform on the market. 3 out of 4 patients choose our affordable options when presented. That number continues to grow daily with each happy patient served.

A platform built on results

A strong analytics platform doesn’t mean anything if it doesn’t drive results. Our patient financial engagement solution has proven to be instrumental in driving key revenue cycle metrics at some of the largest health systems in the country, including AdventHealth, Banner Health, and CommonSpirit Health.

  • 65% increase in self-service adoption
  • 10% decrease in staff-generated plans
  • 50% increase in payment plan creation

Keywords

Images

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Downloads

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Company Details

Founded in 2011

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