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Cambridge, United Kingdom
11-50 Employees
2017
Kirontech Health Insurance Platform helps health insurance payors tackle fraud, waste and abuse (FWA) in claims. Powered by machine learning and deep industry experience. Over 2 trillion dollars are lost through medical inefficiencies and fraud every year. Kirontech’s medical payment integrity software and services scale with the demands of insurers to:. Ready to see how Kirontech could work for you?
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Featured
Medical Payment Integrity
... Medical Payment ...
Buckingham Township, United States
1-10 Employees
2018
We are trusted, insured professionals dedicated to understanding your individual needs and to helping you understand what services Daily Money Managers can provide on your behalf. We are members of the American Association of Daily Money Managers (AADMM). We are fully insured, and we guarantee your satisfaction. At Day-To-Day Financial Management, LLC, we specialize in bringing financial order to your life. AADMM is committed to providing high standards of client services provided by its members. Mary has 5 years of experience working in accounting firms and in the private sector. Let us focus on your day-to-day money matters. The Day-To-Day team is trusted by our community, since we live and work here ourselves.
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Featured
Day-To-Day Financial Management - Bill Payment, Medical Claims
... Day-To-Day Financial Management - Bill Payment, Medical ...
Ottumwa, United States
1-10 Employees
1960
Because we are an independent agency, we can accommodate your individual needs and find you proper coverage at a competitive price. As a locally owned and operated insurance agency in Ottumwa, IA, McCune and Reed Insurance is committed to providing quality insurance products for individuals and businesses. We combine our strong insurance background and product knowledge to assist both current and future clients in managing and planning for all types of risk. Our trusted insurance professionals are here to help you with every step of the insurance process and can design a personal or commercial insurance policy to fit your needs. Since 1960, we have provided the Ottumwa area with personalized customer service and comprehensive insurance solutions, specializing in home, auto and business insurance.
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Featured
Medical Payments Coverage
... Medical Payments Coverage - Ottumwa IA & Bloomfield IA - McCune & Reed ...
11-50 Employees
2007
You have no item in your shopping cart. Diagnostic Medical Imaging, LLC is a multi-modality imaging center with multiple locations throughout South Florida. We take great pride in our excellent service and state-of-the-art facilities. Quality, care and service are a guarantee with our on-site physicians who are all board certified in radiology as well as sub-specialized in radiology. At Diagnostic Medical Imaging, LLC we are committed to your health and use only the best equipment that technology has to offer.
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Featured
Make A Payment – Diagnostic Medical Imaging
... Make A Payment – Diagnostic Medical ...
Mount Vernon, United States
1-10 Employees
2017
Through our services, patients can benefit from an integrated network of qualified healthcare providers and innovative technology without having to wait for hours in waiting rooms. OneClinic telemedicine platform allow providers to grow their practice by offering online scheduling, payment collection, and telemedicine. At OneClinic we believe in giving healthcare provider more tools so they can do more. OneClinic works really well and is easy to use. Our product lines include telemedicine cart with medical examination kits focused on providing access to healthcare in rural areas and OneClinic, a globally accessible SAAS Telemedicine platform. Our health solutions provide convenience by making the process of connecting with doctors, scheduling appointments, making payments and getting prescriptions simpler via personalized portals. Our team is unified by the belief that the best products are the ones we build for ourselves. We believe that everyone should have affordable access to doctors, regardless of the location.
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Featured
Telemedicine with remote medical examination, scheduling, payment collection
... Telemedicine with remote medical examination, scheduling, payment ...
Plano, United States
51-100 Employees
2001
For more than 75 years, Mitchell has been dedicated to meeting the practical demands of the industry with solutions that streamline and simplify our clients’ business. Each month, Mitchell processes tens of millions of transactions for more than 300 insurance providers, 20,000 collision repair facilities and 70,000 pharmacies. Our culture centers on a commitment to our clients, customers and the technology that helps them meet their business objectives. We lead with vision, experience, and understand the importance of applying technology to P&C industry processes. Mitchell is a trusted source for information and expertise needed for companies making digital transformations.
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Featured
Medical Payment Processing Services & First Auto Casualty
... Medical Payment Processing & First Auto Casualty Solutions | ...
United Arab Emirates
10001+ Employees
1980
Aspris Wellbeing Centre is a state-of-the-art facility which has been purpose-built for those seeking a calm and peaceful environment in a vibrant city. We provide treatment for a range of conditions including depression, anxiety, stress, eating disorders, as well as child and adolescent services, providing child psychiatry, child psychology, occupational therapy and speech and language therapy, developmental assessments, cognitive assessments and comprehensive assessments. Aspris is extremely well placed to bring reputable, safe and pioneering mental health treatment to the UAE and our wellbeing centres in Dubai and Abu Dhabi give us an opportunity for us to offer the same exceptional level of support to you, as it does for those in the UK. We are honoured to now be serving this select part of the world. Positive – The name Aspris is inspired by a Latin phrase: ‘Ad astra per aspera’, which means ‘through hardship to the stars’. Dr Saeed Islam, Aspris' Middle East Medical Director. Here at Aspris, we accept direct billing through the insurance companies Daman, Nextcare, Neuron, AXA and more. Aspris Healthcare is extremely well placed to bring reputable, safe and pioneering mental health treatment to the UAE an….
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Featured
Payment and Medical Insurance
... Payment & Private Medical Insurance | Priory Group ...
United States
11-50 Employees
2018
Facilitating a mutually beneficial financial experience for both the Patient and Provider through technology and regulatory expertise. For Patients The company was founded to address a rapidly growing need for patient financing utilizing technology to connect Patients with Financial Providers in creating more affordable options so that patients no longer have to delay care. For Providers HFA created an all-digital healthcare loan platform to simplify financing through a transparent and patient friendly process. The Provider receives funds within 48 hours, accelerating a Provider’s A/R. Simplify and consolidate your patient payments while offering affordable financing solutions. HFA’s all digital approval process simplifies patient admissions and intake. Pay by HFA has different loans to meet various needs of providers and patients. It's an all digital experience built to ease the financial burden of medical bills.
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Featured
Healthcare Financing Company, Medical Loans & Patient Financing | HFA
... Medical Bill Payments & Financing With a Patients-First ...
Phoenix, United States
11-50 Employees
1995
While proudly celebrating over 28 years, MediPro has enjoyed working with multiple medical specialties and providing affordable tools which automate revenue cycle management solutions with Practice Management, Electronic Health Records, and Clearinghouse systems. Our philosophy is simple; provide the best sales experience along with support after the sale. As the healthcare industry rapidly changes, we remain committed to providing our clients with exceptional services and are passionate about providing affordable software applications to automate the end-user and patient experience. Our training and client care team provides exceptional customer support based in the United States, including after-hours emergency support.
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Featured
MediPro, Inc.
... Medical Payment ...
Scotts Valley, United States
51-100 Employees
2013
We created Paystand to eliminate fees, digitize the cash cycle, and create a self-driving money experience for businesses. In 2013, Paystand dove headfirst into the uncharted waters of reinventing commercial finance. The Paystand network anchors on four key benefits that drive ROI for your business:. The Paystand executive team comprises visionaries and FinTech veterans with a passion for building disruptive technology. Brandon leads Paystand’s product marketing and brand strategy for SaaS and Blockchain technology solutions. At both Paystand and Oracle, Max has shown a consistent ability to maintain relationships with various partners, enhancing our reach and enriching our ecosystem. Paystand is venture-backed by leading investors in Silicon Valley and has been recognized as one of the disruptive forces in business payments by publications such as TechCrunch, Wall Street Journal, Mashable, Forbes, and many others. Paystand is revolutionizing the world of online payments and digital commerce, and we want you to join us.
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Featured
Simple Online Payments for Medical Suppliers
... Modern Billing and Payments for Medical Suppliers | ...
Technologies which have been searched by others and may be interesting for you:
Some interesting numbers and facts about the results you have just received for Medical Payment
| Country with most fitting companies | United States |
| Amount of fitting manufacturers | 49 |
| Amount of suitable service providers | 53 |
| Average amount of employees | 11-50 |
| Oldest suiting company | 1960 |
| Youngest suiting company | 2018 |
A medical payment refers to the monetary transaction that compensates healthcare providers for the services and treatments they have rendered to patients. This financial exchange is crucial within the healthcare industry, serving as the backbone for ensuring that medical facilities, physicians, and ancillary service providers are reimbursed for their contributions to patient care. The impact of medical payments extends beyond the straightforward transaction between patient and provider; it embodies the complex interplay between health insurance companies, government programs, and healthcare providers. Through various mechanisms such as direct out-of-pocket payments by patients, insurance claim reimbursements, and government-funded healthcare schemes, medical payments facilitate access to necessary medical services. This financial model supports the sustainability of healthcare systems by enabling providers to maintain operations, invest in advanced medical technologies, and offer high-quality care. Furthermore, the efficiency and fairness of medical payment processes are often indicative of the overall health of a healthcare system, influencing patient satisfaction and the accessibility of medical services. As such, medical payments play a foundational role in the healthcare ecosystem, directly affecting the quality of patient care and the operational efficiency of healthcare providers.
1. Immediate Access to Care
Medical payment plans often provide immediate access to necessary treatments without the wait associated with insurance approvals. This is crucial in emergency situations where time is of the essence, ensuring patients receive care when they need it most.
2. Flexibility in Payment
These plans offer flexibility that traditional insurance might not, such as customizable payment schedules. This flexibility can make healthcare costs more manageable for patients, particularly for those who might not have comprehensive insurance coverage or are facing high deductibles.
3. Wider Range of Covered Services
Medical payment options frequently cover services that traditional insurance plans may not, including certain elective procedures or alternative therapies. This benefit allows patients to explore a wider range of treatments without worrying about coverage limitations.
4. Reduced Financial Strain
By enabling immediate treatment without the full upfront cost, medical payment plans can significantly reduce the financial strain on patients. This approach allows individuals to focus on recovery rather than the stress of healthcare expenses.
While evaluating the different suppliers make sure to check the following criteria:
1. Compliance and Security
Ensure the supplier adheres to health care regulations such as HIPAA in the US, and employs robust data security measures to protect sensitive patient information.
2. Integration Capabilities
Look for suppliers that offer seamless integration with existing healthcare systems and electronic health records (EHR) to ensure smooth operations.
3. User Experience
Select a supplier that provides a user-friendly interface for both healthcare providers and patients, facilitating easier transactions and billing processes.
4. Payment Processing Time
Evaluate the efficiency of the payment processing system. It's vital to choose a supplier that guarantees timely transactions to maintain financial stability.
5. Customer Support
Opt for suppliers that offer reliable customer support to resolve any issues promptly, ensuring continuous operation without disruptions.
6. Cost-Effectiveness
Consider the pricing structure of the supplier. It’s important to balance cost with the quality of service to find a solution that provides value without compromising on essential features.
In the healthcare industry, medical payment solutions streamline the billing process between healthcare providers and insurance companies. These solutions ensure that claims are processed efficiently, reducing administrative overhead and expediting reimbursements. This efficiency is crucial in maintaining operational flow within healthcare facilities, allowing them to focus on patient care rather than financial logistics. Pharmaceutical companies also leverage medical payment technologies to manage transactions with healthcare providers and distributors. This includes the settlement of invoices for medication supplies and research funding. By adopting advanced payment solutions, these companies can enhance transparency and compliance in financial dealings, essential in a sector heavily regulated for ethical and safety standards. In the medical equipment sector, medical payment systems facilitate transactions between manufacturers and healthcare institutions. This use case extends to the leasing or purchasing of medical devices, where seamless payment processes are vital. The integration of robust payment platforms helps in managing large-scale transactions, ensuring that healthcare providers have timely access to essential medical equipment. Lastly, medical payment services are pivotal in the health insurance industry, simplifying the premium collection process and claims payouts. This functionality not only improves customer satisfaction by offering convenient payment options but also enhances operational efficiency for insurance providers, enabling better resource allocation towards claim verification and policy management.
The technology readiness level (TRL) for medical payment systems is currently at a high stage, typically between TRL 8 to TRL 9, indicating that these technologies are fully developed and have been proven through successful deployment in operational environments. This advanced TRL is largely due to significant technical advancements in secure digital transactions, encryption, and data protection. In recent years, the integration of blockchain technology has further elevated the security and efficiency of medical payment systems, ensuring tamper-proof records and enhanced patient privacy. Moreover, the widespread adoption of electronic health records (EHRs) and medical billing software has streamlined the billing process, reducing errors and improving the financial experience for both providers and patients. These technical improvements have been critical in facilitating seamless, real-time transactions and enabling more accurate tracking of patient billing, thus reflecting a mature and operationally reliable technology landscape. The move towards interoperability standards has also played a crucial role, ensuring that different systems and software can communicate effectively, further bolstering the robustness and reliability of medical payment processes.
In the Short-Term, we are witnessing a rapid shift towards contactless medical payments, driven by the need for hygiene and convenience amidst ongoing health concerns. Technologies like NFC (Near Field Communication) and QR codes are becoming more prevalent, allowing patients to make payments without physical contact. This trend is accompanied by the integration of mobile wallets and online payment platforms, which are increasingly being accepted by healthcare providers for their ease of use and speed. Moving into the Mid-Term, the adoption of blockchain technology is expected to redefine the security and transparency of medical payments. Blockchain's decentralized nature will facilitate secure, tamper-proof transactions, reducing fraud and ensuring privacy. Additionally, smart contracts could automate payment processes, directly linking services rendered with payments, thus minimizing administrative delays and errors. This phase will likely see the emergence of unified healthcare payment platforms that consolidate various payment methods and healthcare services into a single, user-friendly interface. In the Long-Term, the focus will shift towards personalized payment models, powered by AI and big data analytics. These technologies will enable the development of dynamic pricing models that consider individual patient circumstances, treatment outcomes, and financial capabilities. Furthermore, the long-term horizon may introduce the concept of global healthcare cryptocurrencies, simplifying cross-border payments and making healthcare more accessible to international patients. This evolution will not only enhance the patient experience but also promote global healthcare equity.
