Generally, a patient gets treated by the provider and their insurance covers a certain percentage of the cost and the rest is transferred as out of pocket expense determined by the provider & the patient's carrier contract. This method guarantees reimbursement for services rendered. However, sometimes a patient forgets to fulfill their end of the bill or is reluctant to make payment, following which the collections team steps in and collects payment. This method might guarantee payment but it takes a lot of time and creates a lot of hassle for the patient, making the entire collection process time-consuming, cumbersome and ultimately not very effective.
BillingParadise's Patient Payment Solution Tool creates a smooth collection experience for the patient, which results in timely collections and a stable cash flow.
Though our tool aggressively chases your collections and ensures that you are reimbursed on time, it creates a collection experience as pleasant as possible. The tool connects with the patient at just the right time and at the precise platform, where the patient is most approachable. All of this is possible because the tool is fully automated and uses state-of-the-art predictive analysis and tailors the best experience for the patient.
Patients undergo a lot of pain and inconvenience to get the treatment they require at the right time & still miss their appointments. Employ BillingParadise's AppointmentBridge and ensure that your patients are always punctual.
This is the only tool in the current market that provides an overall positive experience to the patient guaranteeing timely and effortless reimbursement. We are able to achieve this by incorporating compassion ideology based features:
BillingParadise's patient payment solution guarantees timely reimbursement through a no-hassle workflow