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ProPay
ProPay
Overview
Contents
Avia Summary
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ProPay is a solution provided by Jopari Solutions which was founded in 2004. It belongs to multiple categories of digital health solutions including Patient Billing & Payment and Revenue Cycle Management.
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ProPay integrates with major EMRs such as Other.
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Some other resource(s) that may be helpful in learning about ProPay include: A Buyer’s Guide to Patient Billing and Payment and Top Patient Billing and Payment Companies Report | 2023
Select which hospital or health system you work at and see a personalized match score.
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About
PRODUCT ATTRIBUTES
COVID-19
Pediatric
AWARDS
CLIENTS OVERVIEW
Key Clients
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EHR integration
Integrations: | None provided |
EMR Integration & Relevant Hardware: | None provided |
EMRs Supported: | Other |
Hardware Compatibility: | None provided |
Description
ProPay accelerates the use of multiple electronic payment modalities, eliminating paper-based alternatives.
Use cases
Description
Jopari ProPay brings to healthcare Payers an industry flexible, full spectrum set of payment methods that work in concert with a Payer’s existing bill review, claim, and financial systems allowing Providers to choose the payment method best suiting their practice or organization’s needs. This suite of multi-tiered payments options leverages advanced disbursement technologies to: (1) reduce costs of payment processing; (2) increase accuracy; and (3) streamline cash and remittance flows for both Providers and Payers.
Users:
Patients, Payers, Administrators
Differentiators
Differentiators vs EHR Functionality:
Healthcare Payers eliminate paper and reduce operational expenses with Jopari ProPay.
Jopari ProPay allows Payers to outsource and streamline their paper-based payment and remittance processing, while migrating over 75% of payments to electronic methods – at a fraction of existing manual processing costs.
This next-generation solution in payment processing offers Providers a multi-tiered choice of payment delivery options, including: EFT\ERA; Virtual Card payments with electronic EOB/R; or Paper Checks & EOB/R. Jopari ProPay features a self-service Provider portal for EOB/R delivery; and supports compliant 835 delivery to support eBilling transactions.
Differentiators vs Competitors:
Jopari ProPay Trust
Jopari ProPay Trust processes over $9 billion in healthcare benefit payments annually, serving more than 50,000 ERISA health plans and fully insured groups.
The Jopari ProPay Trust is an integral part of the Jopari suite of solutions and functions as a “Payee” Trust. Obligations to payees (providers or members) from adjudicated claims of healthcare benefit plans are deposited in the Jopari ProPay Trust. The beneficiaries of the Trust are, therefore, these payees. The Jopari ProPay Trust holds these funds on behalf of these payees until they accept an electronic transaction or cash a paper check for the funds assigned to them. Trusts are strictly regulated by federal and state laws to ensure that assets held by the Trust are protected, on behalf of the beneficiary, from loss, fraudulent use and the bankruptcy of any parties. Jopari believes that this type of protection is vital to our clients and the people they serve.
The ProPay Trust Guarantees:
- Asset Safety Funds in the Jopari ProPay Trust are stable, liquid and cannot be lost.
- Control Only the beneficiaries of adjudicated claims approved by health plans receive payments.
- Conveyance Efficiency Benefit payments are made to the payee quickly and easily.
- Protection Assets are protected from bankruptcy claims.
- Security Trust assets are protected from fraudulent use.
- Confidentiality All information is kept private and secure.
Select which hospital or health system you work at and see a personalized match score.
ProPay Comparisons
