Payspan’s transparent transactions solutions available to practice management market and beyond
Atlanta, GA, June 6, 2016 — Payspan, Inc., the largest provider of healthcare payments and reimbursement solutions, today announced joining the premier advocate for the practice management system industry, Healthcare Administrative Technology Association (HATA).
Partnering together to advance healthcare reimbursement initiatives, Payspan will join HATA to ensure the success of the healthcare administrative technology industry. Payspan will leverage 20 years of payment and reimbursement experience to help HATA’s stakeholders bring light to, and solve, some of healthcare’s most challenging reimbursement inefficiencies.
Payspan and HATA will focus on the following priorities for the remainder of 2016:
- Eligibility. HATA will improve the quality of data that comes back to the practice and biller to create a more meaningful, efficient and actionable transaction. This would be done through identifying the pain points for execution and working with payers to remedy the process, as well as developing best practices around the data provided.
- Prior authorization. HATA will research and understand the barriers for adoption of prior authorization to understand the current utilization and challenges in developing a meaningful and efficient workflow.
- Emerging payment models. HATA will define methods to enable Practice Management System vendors to successfully navigate to a “non-fee for service” payment methodology. HATA will then bring industry stakeholders together after a structure is built.
“Payspan looks forward to collaborating with HATA and its practice management members to deliver maximum exposure and efficiency to key initiatives required by today’s modern healthcare economy,” said Bill Nordmark, Chief Growth Officer of Payspan.
Payspan empowers healthcare providers to more quickly and easily capture patient financial responsibility payments at the time of service. Combining tools like detailed eligibility and financial benefit data, auto-calculated patient financial estimates and consumer-friendly payment options through a single platform, Payspan delivers a better payment experience for providers, patients, and practice management organizations.
More information 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 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.
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. For more information, visit https://www.payspan.com.