Own The Payment System, Don’t Let It Own You
HealthcarePays relieves the burden of administrative redundancy and provides free* access to a transparent, efficient payment network that works for providers and connects to their existing billings systems, practice management software and clearinghouses.
HealthcarePays also gives providers ownership opportunity into the national payment network. Ownership comes with HealthcarePays associate membership and offers a variety of connectivity options based on provider needs. Membership comes with data cube access to powerful payment data analytics. It comes with having a say in how you receive your payment information and what the collaborative information can do to level the playing field for you.
HealthcarePays is committed to a marketplace understanding that providers should not have to pay fees to receive the monies owed them for providing patient care.
Providers can connect to HealthcarePays – free of charge – to download electronic remittance and payment re-association information from all payers. We also provide visibility across the entire network of payers. This enables true transparency by identifying what payments are “in-process” and helping to deliver fast payment transactions, either directly, or to your billing system or clearinghouse.
With HealthcarePays, providers can easily meet ACA standards for electronic transactions. We help you stay compliant and connected to payers 24/7.
It’s Free to Providers – Basic Membership
We provide easy access to a transparent, efficient payment system that meets the needs of providers. HealthcarePays standardizes all electronic remittance formats and provides remittance advice downloads for providers from HealthcarePays payers – free of charge. We identify all payments received, manage remittance and payment re-association.
It’s fast. It’s easy. It’s free!
- Own the payment network that moves your claim payments
- Through ownership, ensure you never pay for receiving your own remittance and cash
- Learn how your operations compares to those in the aggregate when it comes to rates and revenues
- No changes required in regards to existing clearinghouses, billing systems or practice management systems
- Know where your cash is at any point in time with full payment transparency
- Take command, through collaboration, of the first national healthcare payment data cube and payment reports
- Keep your bank accounts and financial information out of reach from payers and others in the system
- Improved revenue recognition as all payments are handled exactly the same, no matter the source
- Never worry about changing banks, billing systems or practice management software, you own the network
It’s Upstream of Everyone, You Own the Upstream – Associate Membership
Owning the network means, as providers, you can now own the upstream payment path. Just as with the three major networks put into place in financial services (Visa, MasterCard and the ACH), no players downstream are displaced. At HealthcarePays, we want providers to remain connected as they see fit, to their billing systems, their practice management systems and/or their clearinghouses. But, just like what occurred in financial services, we don’t want providers to be subservient to others as merchants are in the U.S. today to the payment networks. We don’t want you to be charged ever increasing fees by those out to make a buck on the billions in healthcare transactions each year. We want you, as the providers, to own the upstream network and to make the choices that best fit your needs. That might be our free remittance and payments offerings, or it might be value-add services like combining payments from payers or by issuing payments by national provider ID number. You own it, you choose, by becoming an associate member.
We are leading the industry in healthcare payment automation to reduce overall costs of healthcare in the U.S. HealthcarePays makes it easy to choose how you want your payment information and deposits delivered.
We connect you to payers, employers, intermediaries and clearinghouses, and banks to move financial healthcare data quickly and efficiently. By connecting key players, HealthcarePays delivers efficiencies that will reform the industry.
Be part of the HealthcarePays network to get paid faster, own the network instead of it owning you, and level the playing field by learning from the network’s payment data and applying the learnings to your financial benefit.