Why PatientCollect?

Collecting more of what is owed to your organization in today's environment of increasing patient responsibilities, higher write-offs and growing expenses has become extremely important. As consumers take on more responsibility in their healthcare, utilizing flexible electronic payment and administration services will have a positive effect on the financial health of your organization.

Dealing with Bad Debt

Patient Payments Bad Debt

Bad Debt (6% in 2010)

Provider collection rates run at 50 to 70 percent for small-dollar liabilities for insured patients and fall to about 10 percent of self-pay patients. Uncollected revenues represent 4 to 6 percent of hospital gross revenues. In 2010, bad debt reached some $65 billion.

--McKinsey & Company, 2010

PatientCollect helps you:

  • Increase revenue and streamline revenue cycle management
  • Lower days sales outstanding (DSO)
  • Reduce bad debt and billing costs
  • Improve cash flow
  • Enhance patient satisfaction
  • Collect patient payments at the time of service
  • Connect electronically with your patient
Patient Collect Tool

Explore Features

Patient Faces
  • Bill payments (Web, Phone and IVR)
  • Flexible payment options
  • Electronic patient statements
  • Secure messaging
  • More Features
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watch demo

Security

HIMSS Medical Banking Gold Certification
SSAE 16
HIPAA
PCI Level 1

HIMSS MB Gold Certification

The Gold Seal assures customers that they are receiving services that have been recognized as meeting the highest standards of data privacy and security compliance mandated under banking and healthcare regulations, including HIPAA.
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