As healthcare practices continue to navigate the complexities of patient management and financial sustainability, embracing innovative technologies that enhance both patient experience and practice revenue are crucial. By investing in solutions that optimize payment processes, healthcare centers can ensure steady revenue growth while maintaining high standards of patient care and satisfaction.
healow Pay is an online billing solution that allows patients to easily pay their medical bills via text, email, or online.
Enhancing Patient Experience and Transparency
The Neurology Center of New England, a comprehensive care facility dedicated to diagnosing and managing neurological diseases, has witnessed a remarkable transformation in its revenue stream, thanks to the innovative healow Payment Services.
The introduction of healow Pay at the Neurology Center of New England has revolutionized the way patients manage their healthcare payments. By enabling patients to pay through the app or website, the center has streamlined the payment process, allowing for transactions even before statements are issued. This proactive approach not only enhances patient experience but also ensures more transparency. Patients gain a clear understanding of what they are paying for, reducing confusion and fostering trust.
Serving over 10,000 patients, the center has seen a 60% increase in revenue by adopting this faster payment solution.
This success story is echoed by InterMed, the largest physician-owned practice in Maine, which has reported an average increase of 31% in daily payments received.
InterMed’s Success with healow Pay
Similarly, InterMed has capitalized on the healow Text2Pay campaigns, witnessing substantial improvements in payment processing efficiency. By offering a secure and straightforward payment option via text, patients can settle their bills with ease, freeing up resources for the practice. This streamlined process saves time and enhances patient satisfaction, contributing to InterMed’s impressive revenue growth.
Meghan Scotton, revenue cycle manager at InterMed said, “The implementation of healow Text2Pay Service has been a huge success. Now, our patients have an easy and secure payment option via text, saving us significant time and resources.”
The Impact on Practice Revenue
The success of healow Pay in boosting practice revenue is evident in the positive financial outcomes for both the Neurology Center of New England and InterMed. By adopting technology that prioritizes patient convenience and transparency, these practices have not only increased their revenue but also strengthened patient relationships, setting a precedent for others in the healthcare industry.
Conclusion: Embracing Innovation for Growth
The stories of the Neurology Center of New England and InterMed highlight the transformative power of adopting advanced payment solutions like healow Pay. The success of healow Pay serves as a testament to the benefits of prioritizing efficiency and transparency in healthcare payment systems.
As these stories demonstrate, the future of healthcare payments lies in embracing technology that aligns with the evolving needs of both patients and practices.
To learn more about healow Pay, click here.