Atlanta, GA, May 11, 2016 —Payspan, Inc., the leading provider of electronic healthcare payment solutions, today announced its partnership with Claim.MD, a leader in electronic claims processing and revenue cycle solutions.
Utilizing Payspan’s Patient Financial Engagement (PFE), Claim.MD is now able to provide a toolset that assists providers in efficiently calculating and capturing patient responsibility. Utilizing Payspan’s PFE and Core Payer Network, Claim.MD is able to expand e-payment connectivity, giving providers, patients and payers immediate freedom with payment workflows. The new partnership will also extend PFE to Claim.MD providers as the recommended patient payment solution to empower accelerated patient payment revenue at the time of service.
“We are excited to offer Payspan’s Core and PFE solutions to the Claim.MD community of healthcare providers,” said Nihal Titan of Claim.MD. “Partnering with Payspan will help our providers streamline payer reimbursement more effectively, while at the same time speed up patient responsibility collections.“
PFE provides healthcare staff with simplified workflows and the necessary tools to gather patient payments more quickly during the revenue cycle. By combining PFE platform tools, such as historical financial encounter data, detailed eligibility, benefit verification capabilities, auto-calculated estimates and simple payment options, Payspan unites a more transparent financial experience for both the patient and practice.
“We welcome Claim.MD to the Payspan family and look forward to bringing financial transparency to their impressive network of providers,” said Bill Nordmark, Chief Growth Officer of Payspan. “Collaborating on our mutual goal of bringing the tools that enable financial transparency and better patient experiences helps the larger healthcare market take advantage of flexible payment options.”
More information on Payspan’s PFE platform can be found at http://payspan.wpengine.com/providers/.
With more than 25 years of payments expertise, Payspan, Inc. is a trusted source of innovative healthcare payment and reimbursement solutions that are Empowering the Healthcare Economy® for payers, providers, consumers and banks. Payspan’s customers comprise an elite array of industry-leading payers, providers and solution partners, spanning the healthcare reimbursement spectrum. For more information, visit http://www.payspan.com.
Connecting more than 650 health plans, over 1,300,000 provider payees and 126,000,000 members, we securely facilitate healthcare payments and new reimbursement strategies that improve patient experience and reduce costs.