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Increases up-front collections to accelerate the revenue cycle
Emdeon Quick Pay accelerates the revenue cycle while improving operational efficiencies by providing convenient, real-time processing of physical and electronic patient payments during Patient Access. With integration into Emdeon Assistant for eligibility and benefits verification, Quick Pay then enables providers to collect and process co-payments, deductibles, pre-payments, financial responsibility estimates or even outstanding balances before service.
Emdeon Quick Pay increases up-front collections and improves point-of-service workflow with real-time processing of all credit card, check card, and ACH transactions including collecting and receipting cash payments. Through Quick Pay providers will not only be able to collect upon owed amounts earlier in the revenue cycle, but they will also have the ability to manage and analyze all payments received from patients through available dashboard tools and reporting. Automatic posting of each day’s payment activity directly into host financial systems is also provided eliminating the need for manual posting and reconciliation processes saving staff time.
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