PatientPay creates patient payment solutions that help patients, practices and hospitals better manage expenses in today’s healthcare environment.
Our solutions yield greater operational and financial efficiency for healthcare providers while giving patients a simple way to manage all of their healthcare-related financial obligations. The billing, payment and reporting services are HIPAA and PCI Level 1 compliant and eliminate time-intensive, error-prone, manual back-end efforts to process and reconcile paper bills or manage a traditional online portal. PatientPay solutions are the only ones to match patients’ Explanation of Benefits (EOB) with provider charges, eliminating confusion when trying to determine their responsibility. Providers who use PatientPay can expect up to $4.00 savings per payment and get paid on average in less than 14 days.
PatientPay is designed to serve the needs of individual practices, multi-location physician groups and major hospital networks, as well as companies providing revenue cycle management services.
PatientPay was founded in 2008 to bring to healthcare consumers the same type of payment solutions they use in retail and e-commerce environments. In 2012 PatientPay was granted three patents (U.S. Patent Nos. 8,155,983, 8,204,764 and 8,214,233) for its innovative process that underpins its solutions, which can be integrated with any healthcare management software. The company is headquartered in Durham, NC.
Company Growth (employees)