Medical Pay Solutions and RevSource Solutions Announce Strategic Alliance
Press Release Distribution Newswire
March 8, 2013
Medical Pay Solutions, a national patient revenue management consulting firm and RevSource Solutions, LLC, an innovative patient payment solutions provider for health care, billing and collections, announce a strategic alliance to bring a solution to healthcare providers that dramatically accelerates patient payments post-adjudication. Medical Pay Solutions offers this solution, RevExpress™ to medical practices, clinics and hospitals to streamline billing procedures, lower collection costs and accelerate the revenue cycle.
"We now have one of the most advanced and cost effective patient online payment solutions to offer our clients" said Anthony Wunsh, CEO of Medical Pay Solutions. "RevExpress™ is the most patient-friendly, effortless automated online payment solution available today for accelerating patient payments post adjudication, coupled with our Point of Care state of the art pre-adjudication payment tools which identify and secure patient balances at the first encounter, we feel this makes us the most complete revenue cycle company in the marketplace"
RevExpress™ is a proprietary system that puts patient account receivables on the fast track. It has proven to recover patient revenue faster, increase patient payments and enhance the satisfaction of patients through its patient-friendly personalized online payment platform. Health care provides experience an increase in patient payments and an acceleration of revenue without adding staff or overhead. The system creates custom-branded websites with single, multiple or recurring payment parameters.
“We are enthused to partner with Medical Pay Solutions, because of their state-of-the-art pre-adjudication solutions, reputation with customers and within the industry,” said Paul Smith, president at RevSource Solutions. “We are proud to offer our state-of-the-art post-adjudication solution for customers to cover the entire revenue cycle with Medical Pay Solutions.”
"We strive to offer health care providers proven, cost-effective solutions for today’s patient revenue management challenges." added Wunsh. "Health care providers will not only increase and accelerate revenue with RevExpress™; they will also increase patient satisfaction through system notifications, communication and ability to offer a wide variety of facility-centric payment parameters for online payments. For added efficiencies, RevSource Solutions hosts and maintains all hardware, software and websites, decreasing the need for IT involvement. Health care providers can receive updated patient demographics, insurance information and confirmation for future electronic communication with their patients."
About Medical Pay Solutions
Formed in 2009, Medical Pay Solutions is a national healthcare revenue management consulting firm that specializes in increasing revenue and profitability for medical practices, clinics and hospitals. Medical Pay Solutions is dedicated to helping patients and health care providers resolve the issues associated with rising health care costs and patient pay sector losses. For more information, visit www.medicalpaysolutions.com or call (386) 492-6174.
About RevSource Solutions
Formed in 2009, RevSource Solutions has developed innovative and efficient receivables management and revenue cycle enhancement solutions. Clients in health care and the collections industry utilize secure, personalized websites to increase and accelerate revenue. The company facilitates the management of payments, processing, remittance, e-mail confirmations, demographic data and insurance updates all in a single online solution.
SOURCE: Medical Pay Solutions
Visit http://www.MedicalPaySolutions.com/ for more information.
Organization: Medical Pay Solutions
Contact: Beverly Nevard, COO
Phone: (386) 482-6174
We are not a billing company.