Development Of A Mobile Solution To Enable Patient Responsibility Collection
A leading payment solutions provider in the US, enabling payer payments of over USD 1 Billion per month
Among the major trends affecting healthcare payments is the continued increase in patient responsibility. Patient responsibility for certain high deductible plans is as high as 25%, accounting for an estimated $250 billion in provider revenue each year. According to a study, about 40% of the patient responsibility is written off by the providers due to varying reasons.
- A platform that enables the customer to collect patient responsibility and make payments to providers