Schneck Medical Center Deploys HealthPay24 to ManagePatient Payment Process Throughout its Enterprise
HARRISBURG, PA – Schneck Medical Center, based in Seymour, Indiana, today announced the deployment of HealthPay24 to help manage its Patient Financial Expectation and Payment process. This includes the entire revenue cycle spectrum from Pre-Service (or prior to patient admission/registration) through Post-Service (through the collection of self-pay balances).
HealthPay24’s Enterprise Solution will specifically manage the collecting and posting of payments throughout hospital network. Schneck Medical Center also introduced its patients to a convenient, simple on-line payment center powered by HealthPay24.
According to Dan Fuhrmann, Senior Vice President of Sales & Marketing at HealthPay24, the company’s advanced technology platform seamlessly integrates into the PayNav Compass revenue cycle tool utilized by Schneck Medical Center. The integration between HealthPay24 and the Advisory Board’s PayNav Compass gives Schneck Medical Center the ability to consolidate A/R showing account balances and to engage patients in determining the best option for how to pay their self-pay balance.
“More patients are now being covered by a high-deductible health plan, making it imperative for health systems to identify the out-of-pocket expenses and to proactively work with patients to find an affordable payment solution,” Fuhrmann said.
He explained that through HealthPay24’s patented technology, hospital financial counselors can aggregate estimates and prior patient balances and then easily access and coordinate several payment options, including prompt-pay discounts, internally managed, short-term payment plans and charity-care determination.
“We are excited to work with Schneck Medical Center as it deploys a Patient Financial Engagement model that gives patients an opportunity to understand their hospital bill and to select the most affordable option to satisfy their hospital expense,” Fuhrman added.
HealthPay24 was developed in 2002 and was designed by and for providers wanting to efficiently process payments at the point-of-service. HealthPay24 was the first solution dedicated to processing healthcare point-of-service payments. Ever since our first deployment, HealthPay24 has been enhanced and improved with suggestions from over 300 Hospitals and Physician facilities, enabling providers to have a tightly integrated payment solution to collect any payment — anywhere throughout your healthcare facility. For more information about HealthPay24, visit healthpay24.com.