Leading Practice Management Vendor Embeds PatientPay's Patented Capability into its Software to Address the Need for Better Management of Rising Patient Balances
DURHAM, NC (February 19, 2013) - PatientPay a provider of innovative healthcare billing solutions, and Healthpac Computer Systems Inc., a nationally recognized leader in practice management software for billing companies, today announced a strategic partnership that will make patient billing, collection and reconciliation faster and less costly for users of Healthpac's practice management software.
At the heart of the arrangement is the patented PatientPaySM online bill and balance management service for healthcare providers and their patients. Healthpac has extended the appeal of its practice management software by embedding PatientPay's unique capabilities into the company's core product.
"PatientPay extends the efficiency of Healthpac's practice management software by bringing the speed, ease and accuracy of automation to patient balance management that for too long, has been bogged down by antiquated methods; specifically paper billing, slow collections and manual reconciliation," said Buddy Claborn, Healthpac's founder and CEO. "There is no question the integration of PatientPay into Healthpac software will enhance the productivity of our 10,000 plus users who support medical practices across the United States."
PatientPay eliminates the costly and complicated paper-based billing method used by the overwhelming majority of healthcare providers. It drives down the expense and drives up the productivity associated with this activity by up to 50%. Since PatientPay reduces the time to payment in half, healthcare professionals realize improved cash flow and reduced account receivables.
"PatientPay is pleased to have Healthpac join its growing list of practice management software vendors who have come to see how our solution can yield meaningful benefits to our partners' physician groups and their patients," said Tom Furr, PatientPay's founder and CEO.
The foundation of the PatientPay Partnership Program is the service's ability to instantly integrate with all popular currently available practice management software so users don't need to change the way they now work or have to learn new tasks.
About Healthpac Computer Systems, Inc.
Savannah, Georgia-based Healthpac Computer Systems, Inc. has been a software pioneer in the medical community since 1981. Healthpac provides advanced medical billing and management software for a range of customers that includes physicians, radiology imaging centers, healthcare providers, laboratories and medical billing companies. The company was founded in 1981 by B. D. "Buddy" Claborn, Jr., specifically to address the growing needs of billing professionals in the ever-changing healthcare industry. They keep pace with, and exceed, the demands so necessary to survive in the complex healthcare billing environment. Healthpac software solutions include scheduling, bi-directional HL7 interfaces, EMR, dashboard analytics and robust paperless work queues for both Part A and Part B billing via either an ASP service or a turnkey licensing arrangement that makes use of their clients' equipment. For information: www.healthpac.net or call (800) 831-9419 x202.
PatientPay is a patented, web-based service for physician groups and their patients to manage and process patient balances. It handles this time-intensive, complicated and expensive process in minutes not days, at half the cost and with less risk than paper-based payments or traditional online portals.
It is a service of PatientPay, a Durham, North Carolina-based provider of paperless billing and electronic patient payment processing services for the healthcare industry run by innovative executives with a record of producing market-creating solutions for the healthcare, information management and Internet sectors. For more information, please visit www.patientpay.com or call 1-888-730-9374.