Emdeon Quick Pay
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.
Want to proactively collect patient payments to accelerate your revenue cycle? Let our Revenue Cycle Consultants review your business and apply our knowledge to your bottom line.
Contact UsFeatures
- Real-time processing of co-payments, outstanding balances and estimates of patient financial responsibility
- All forms of electronic payment accepted (credit card, check card, eCheck and ACH transactions)
- All forms of physical payment accepted (cash, check and money order)
- Comprehensive cash management system through dashboard reporting and analytics
Benefits
- Increase up front patient collections to accelerate the payment cycle
- Reduce bad debt
- Decrease A/R days
- Increase workflow efficiency
