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CarePayment Named Top Performer in Patient Financing and Financial Engagement Solutions by Black Book Research - Read Press Release
Press Release
June 26, 2017
Leading patient financial engagement company and top hospital software solutions provider join in strategic partnership to help healthcare providers simplify the patient billing process and offer patients new payment options.
(PLANO, Tx. AND NASHVILLE, Tenn.) June 22, 2017 – CarePayment and DCS Global have established a strategic partnership that combines the strength of DCS Global’s revenue cycle solutions with CarePayment’s innovative patient financing program. Together, the companies offer hospitals the ability to enhance their patients’ experience and satisfaction, improve operational efficiencies, and maximize collections.
CarePayment works with providers across the healthcare industry to offer patients a 0.00% APR payment program that allows them to pay their bills over time, significantly reducing the financial burden that so often comes with medical care. CarePayment’s unique, co-branded program enables patients to have the payment options they need when they need them.
DCS Global provides software and solutions to help hospitals improve their revenue cycle processes. Its comprehensive iPAS (Integrated Patient Access Solutions) platform is designed to financially clear patients early in the revenue cycle by increasing the quality of registrations, maximizing point of service payments, and employing cloud-based technology to facilitate electronic collaboration between the patient, provider, hospital, and payer.
“DCS Global and CarePayment share a vision to provide innovative solutions to the most pressing problems for providers,” said Manoj Chhabra, CEO of DCS Global. “We both are committed to helping healthcare providers better serve their patients, improve their operations, and strengthen their financial performance. Together, our solutions can help hospitals of any size seamlessly move a patient through the hospital revenue cycle while ensuring maximum payment to the provider. Our hospital partners expect us to bring them the most complete set of solutions to their revenue cycle challenges, and this partnership with CarePayment will provide just that.”
“The missions of CarePayment and DCS Global are perfectly aligned,” said Ed Caldwell, Chief Revenue Officer of CarePayment. “We have the ability to help both patients and providers across the country better cope with the challenges associated with rising healthcare costs. For patients, we can take away some of the burden and stress of paying healthcare bills. For providers, we can help ensure that they are improving their net collections and able to invest their resources where it matters most – in providing quality care.”
DCS Global is a software solutions firm specializing in healthcare process improvement and information management. DCS Global provides an integrated suite of solutions for Patient Access/Revenue Cycle and Patient Experience in a single source environment, iPAS, which allows for lower cost of ownership. iPAS provides seamless patient access workflow, paperless operation and advanced data analytics to our provider partners. Our suite of product helps hospitals get paid in a timely manner. iPAS includes front end and back office revenue cycle tools like order manager, authorization, eligibility, payment, e-Forms and e-Signature, patient payment estimation, patient tracking, claim status and denial tracking. iPAS is HFMA peer reviewed and is also ranked by KLAS.
For more information about DCS Global Systems, Inc., visit www.dcsglobal.com.
CarePayment is a patient financial engagement company that accelerates providers’ transition to the new consumer-driven healthcare market. Powered by advanced technology and analytics, our innovative patient financing solutions improve patient satisfaction and loyalty while delivering superior financial results. By partnering with healthcare providers to make affordable financial options available, CarePayment helps patients get the care they need, when they need it, while protecting the financial health of provider organizations so they can continue to offer valuable care to the community. CarePayment’s patient-friendly financing is compliant with applicable state and federal consumer credit laws, requires no application, and is supported by a friendly US-based customer service staff. Accounts for the program are issued by WebBank, Member FDIC. Find more information at www.carepayment.com.