Optum Financial Highlights PatientPay as a Key Partner in Their Fintech Evolution

In a recent Advisory.com article, Brian Andrews, Senior Vice President of Payer to Provider Payments at Optum Financial, shared how Optum is redefining healthcare payment delivery through strategic partnerships that enhance both operational efficiency and the patient experience.

“Our partnerships with PatientPay and Rectangle Health play a key role in delivering these consumer payment innovations. These collaborations enhance the patient payment experience and align with our vision of becoming a fintech leader in healthcare, rather than simply a payment processor.” — Brian Andrews, Senior Vice President, Optum Financial

Key Takeaways

• Optum’s Fintech Vision: Optum Financial is positioning itself as a fintech leader in healthcare, expanding beyond traditional payment processing to deliver smarter, faster, and more consumer-friendly payment experiences.
• Strategic Collaborations Drive Innovation: PatientPay’s Accelerate integration within Optum supports this transformation by automating payment workflows and eliminating manual processing for providers.
• Accelerate is Delivering Real Results: PatientPay’s Accelerate customers are reporting faster cash flow, significant time savings, and streamlined back-office operations, creating measurable impact from day one.

Tom Furr, CEO of PatientPay, emphasized the importance of this collaboration:

“Accelerate represents a major leap forward in healthcare patient payment automation. We’re thrilled to collaborate with Optum Financial to simplify the provider payment experience and help organizations reclaim valuable time while improving their financial performance.”

We’ve already partnered with over 700 healthcare organizations to streamline their patinet payment process, and the results speak for themselves:

• Up to 72% reduction in staff hours spent on patinet payments
• 2 to 3 weeks faster cash flow
• 94% of organizations see time savings within the first 30 days

Read the full article at Advisory.com.
If you want to learn more about Accelerate, visit patientpay.com/optum.