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As the self-pay portion of medical expenses continues to grow, health care providers increasingly bear the risk, cost and challenge of collecting unpaid and “balance-after” bills. As a provider, you rely on legacy billing systems that were primarily designed to collect from large payors to perform the complex tasks associated with patient billing. To complicate the process more, you are forced to deploy multiple, disparate point solutions to address your self-pay needs using systems, processes and vendors that are non-integrated and unwieldy to manage. If that were not enough, you also have the daunting challenge of balancing your mission as a health care provider with the realities of bill collecting.
The iVinci Self-Pay Engine answers these challenges by providing an integrated suite of services, business intelligence, processes, and payment-producing products that help hospitals manage self-pay receivables in an efficient, patient-centric and value-maximizing manner.
Our solution integrates with major billing systems to provide the following benefits:
- Improves visibility and predictability of inventory and revenue flows
- Makes efficient, end-to-end receivables management a reality
- Create positive customer outcomes to engender hospital loyalty and enhance community reputation
- Drives up to a 30% improvement in self-pay performance
We are currently deploying the iVinci Self-Pay Engine with a limited number of leading hospital systems. If you are interested in learning more about our solution or accompanying services, please submit your info below and we will contact you to possibly arrange a live demonstration.
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