On Earth Day Company Will Plant a Tree For Each Paperless Patient Payment Received
Durham, NC (April 12, 2016) -- PatientPay℠, the leader in patient healthcare payment solutions, will use the 46th celebration of Earth Day to demonstrate its commitment to eliminate paper from patient healthcare billing. The company, with headquarters here, has pledged to support The Nature Conservancy© with its Plant-a-Billion-Trees initiative to plant trees and restore forests in America and around the globe.
During this year’s Earth Day, which falls on April 22, PatientPay will have a tree planted by The Nature Conservancy for every patient payment the company receives. If people’s doctors are not using PatientPay, or they don’t have a pending bill, the company urges them to make donations at www.plantabillion.org.
“An astounding 98 percent of healthcare bills are sent in paper form even though 70 percent of people prefer pay their medical bills online according to Deloitte,” said Tom Furr, PatientPay’s CEO. “Medical practices, urgent care facilities and hospitals can make a choice that will have a massively positive impact on our environment. For example, practices that send out 10,000 paperless patient statements a month can save the equivalent 32 acres of trees every month by billing through PatientPay. That’s equivalent to the area occupied by 24 football fields.
“Around the world large swaths of land are being deforested. That hampers the role forests play in the production of clean water, clean air, regulating climate and supporting all of us and our eco-system,” Furr said.
PatientPay Paperless℠ was developed to make the billing process quicker and lower cost for healthcare providers and easier to understand and act on for consumers.Those using paper-based methods to bill for healthcare services typically send over three paper statements before any payment is received, according to the Medical Group Management Association. About 75 percent of consumers who get medical bills via PatientPay pay immediately upon seeing them. As a result, not only is a vital natural resource preserved, but the cost and time to bill is cut in half, and beneficial patient engagement extends to the bill and its payment.