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PayMedix

PayMedix

PayMedix

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Review

Overview


Avia Summary

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PayMedix is a solution provided by Health Payment Systems, Inc. which was founded in 2005. It belongs to multiple categories of digital health solutions including Patient Billing & Payment and Revenue Cycle Management.
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PayMedix integrates with major EMRs such as Other.
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Some other resource(s) that may be helpful in learning about PayMedix include: A Buyer’s Guide to Patient Billing and Payment and Top Patient Billing and Payment Companies Report | 2023
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PRODUCT ATTRIBUTES
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COVID-19


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Pediatric


CLIENTS OVERVIEW
Key Clients
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USED BY
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EHR integration

Integrations:

Other

EMR Integration & Relevant Hardware:

Use case dependent

EMRs Supported:

Other

Hardware Compatibility:

Desktop, Other

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.
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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.
Users:

Providers, Employers, TPAs, Patients

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
Company information

Founded in 2005

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