This is a subject that all offices I’m sure would like to address, getting the money in faster, and the program per this article will quickly show the amount owed by the patient, if all the information feeding into it is up to date.
Also, on the other side of the coin, there’s Quicken Health Expense Tracker for PHRs that helps the patient, but getting the patients to a PHR right now is the first step for integration and understanding to take place.
We keep building it, but they are coming fast enough. All of this new and integrated software is great but we still need training, no 2 ways about it, CEOs, patients and doctors, as you can have the best software out there but if they don’t know how to use it nobody is gaining efficiency. BD
Allscripts-Misys Healthcare Solutions announced two new partnerships this week that are designed to help patients pay their bills quicker and more efficiently. The Chicago-based provider of electronic medical record and practice management solutions, among many other products, is making a play to reduce bad debt, which costs the medical industry an estimated $300 billion per year.
Allscripts has announced an alliance with Intuit, the Mountain View, Calif.-based developer of Quicken software, to integrate a new product, Quicken Health Bill Pay, into the company’s physician practice management and revenue cycle management applications, now being used by roughly 110,000 physicians around the country. The new solution enables patients to understand and pay their bills online, allowing physicians to get paid, on average, 18 days faster.
While surveys indicate as much as 90 percent of patient payments are made by paper check, that percentage is decreasing with the advent of online healthcare management solutions like health savings accounts (HSAs) and flexible spending accounts (FSAs), as well as technology that allows physicians and patients to determine medical bills at the point of care.
Also this week, Allscripts is partnering with Minneapolis-based mPay Gateway to provide its point-of-care patient payment technology to Allscripts clients. Allscripts Patient Payment Assurance, powered by mPay Gateway, is designed to allow patients, while in the physician’s office, to see their portion of the bill and that portion which would be covered by insurance and pay their share with a debit or credit card.