HORSHAM, Pa. & PHILADELPHIA--(BUSINESS WIRE)-- NextGen Healthcare Information Systems, a leading provider of healthcare information systems and connectivity solutions, has partnered with InstaMed to offer healthcare providers payment assurance through enhanced patient collections with automated posting. Powered by InstaMed’s industry leading healthcare payments platform, NextGen’s payment solutions will increase patient collections, reduce collection costs and dramatically decrease days in account receivables.
“With patient responsibility rising due to increasing health plan deductibles with growing adoption of consumer directed health plans, NextGen clients are looking for ways to streamline and improve the patient collection process,” said Ana Croxton, VP of EDI of Products and Services, NextGen Healthcare. “Powered by InstaMed, our merchant processing solutions reduce the additional costs associated with patient collections, while ensuring a better patient experience with the ability to offer flexible payment options such as payment plans and online payments.”
“This year alone, more than $65 billion will go uncollected for health services rendered to patients who don’t pay,” said Bill Marvin, President and CEO of InstaMed. “Through our partnership with NextGen, healthcare providers will have direct access to leading-edge patient collection tools and services that dramatically enhance the patient collection process.”
Features of NextGen Integrated Payment Processing Services, Powered by InstaMed
Available immediately, NextGen’s Integrated Payment Solutions feature automated posting of all patient payments for ease of tracking directly within NextGen EPM. Providers are able to realize patient collection and operational efficiencies through:
NextGen’s Integrated Payment Processing Services – Enables a wide range of payment collection tools, including: front and back office payments, payment plans, save a card on file to collect future payments and real-time reporting.
NextGen’s EDI Payment Portal – Allows providers to process credit card, debit card and eCheck payments online. Through the Patient Payment Portal, patients also have the ability to view eStatements, set up recurring payments and save their payment profiles for future use.
About NextGen Healthcare
NextGen Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ: QSII), provides integrated electronic health record and practice management systems, connectivity solutions, and billing services for hospitals and ambulatory practices of all sizes and specialties. For more information about NextGen Healthcare, please visit www.nextgen.com and www.qsii.com.
InstaMed is the industry leading Healthcare Payments Network, supporting solo practitioners to billion dollar health systems, with over 70,000 users nationally and $10 billion in healthcare payments processed. The first company to offer a single platform for real-time healthcare clearinghouse and payment transactions, InstaMed creates significant and proven efficiencies, which deliver payment assurance for Providers, more efficient disbursements for Payers and convenient payment options for Patients. InstaMed is registered with Visa and MasterCard and is certified as a Payment Card Industry Data Security Standards (PCI-DSS) Level One Service Provider. InstaMed is also fully accredited by the Electronic Healthcare Network Accreditation Commission (EHNAC) as a healthcare clearinghouse. Visit InstaMed on the web at www.instamed.com.
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