CarePayment Integrated Engagement Platform vs R1 Business Office Solutions

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CarePayment Integrated Engagement Platform

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R1 Business Office Solutions

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Product Description:

Patient Choice – Pre-Care and Post-Care
Patient can opt-in to program anytime
Patient Assign – Pre-Bad Debt Placement Auto engagement for aged accounts prior to bad debt
Payment Plan and Aged A/R Conversions Conversion of aged A/R and existing payment plans to the CarePayment program

About CarePayment:

Our program engages patients throughout their healthcare financial journey, not just when they ask you for help.

Components of our comprehensive solution include: Patient Choice (Opt-In), Patient Assign (only Auto-Assign program in industry), Payment Plan and Aged A/R Conversions.

Funded program with net collection guarantees
Always 0.00% APR to the patient to increase engagement and minimize defaults
501r and Medicare Bad Debt compliant

Product Description:

R1 Business Office Solutions can help providers with the entire billing function or to specifically recoup revenue that may otherwise be lost by focusing skilled resources in lower priority areas with significant revenue potential. Skilled team members fulfill these functions and are guided with data-driven performance management to ensure continued effectiveness and to identify areas of ongoing process improvement. Our integrated, enabling technology platform can help reduce vendors and increase transparency into business office functions. Services include accounts receivables management such as denials, low balances, A/R workdown, denials management, self-pay collections and more.

About R1 RCM:

R1 RCM is a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers. R1’s proven and scalable operating models seamlessly complement a healthcare organization’s infrastructure, quickly driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience. To learn more visit: r1rcm.com.  

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Use Cases

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EHR Integrations

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Client Types

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Academic Medical Centers

Accountable Care Organizations

Rural Hospitals

Large Medical Facilities

Medium Medical Facilities

Differentiators

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Keywords

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Company Details

By CarePayment

Founded in 2004

By R1 RCM

Founded in 2003

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