PHOENIX, Oct. 18, 2012 /PRNewswire/ -- BillingTree®, one of the nation's leading on-demand payment processors, today announced the integration of its electronic payment services with BestBill®, a leading billing and e-billing portal technology company. The new partnership offers integrated BillingTree payment processing access to the full range of BestBill's state-of-the-art portal technology including Virtual Negotiator, SMS payments and IVR solutions.
The partnership enables healthcare providers, utilities and others, to utilize BestBill's comprehensive portal to bill and accept payments from across multiple departments or facilities, including, for example, the wide range of hospital services often provided during a single visit. Allowing patients and customers to make payment arrangements online reduces days sales outstanding and improves revenue cycle management.
"Integrating BillingTree's leading payment processing engine will further enhance the overall quality of our offering, and will continue to increase the efficiency of our customers collecting their outstanding balances," commented Dan Haugland, CEO, BestBill. "Our solution helps our customers save time and money, accelerating statement processing, document delivery and payment receipts."
"BillingTree is delighted to partner with BestBill, one of the industry leaders for billing outsourcing," commented David Roberts, BillingTree's President and CEO. "Our technology is a perfect match for BestBill's customers, and by integrating our payment processing capabilities with their comprehensive payment portal, joint customers from the healthcare vertical in particular will experience a seamless, cost effective solution to the challenge of collecting outstanding patient balances."
BestBill, a subsidiary of RevSpring™, offers billing technology and services including:
WebView.™ A bill-pay portal that manages billing processes, documents, and provides payment information and reporting.
Print & Mail. Invoices, statements, notices and other communications are delivered quickly, securely and accurately.
E-Statements. Send email statements to your customers, as well as automated email communications.
Interactive Voice Response (IVR). Inbound and outbound phone system that allows customers to make a payment over the phone 24/7. Enterprises can deliver time-critical information via outbound calls.
LockBox Remittance. Accelerate the receipt and posting of mailed payments, and get payments deposited into bank accounts quickly.
Online Forms. Capture the information you want and need on your website. Online forms can be set-up to collect information such as pre-registration or pre-enrollment data, which is directly uploaded into an information management system.
BillingTree supplies the leading fully integrated, multi-channel electronic payment platform to multiple industries: Healthcare (Acute and Ambulatory care), Insurance, ARM and the collection agency market, Utilities, such as power, cable, municipal, and phone, plus subscription-billed services. Benefits of electronic payment solutions include improved operational efficiencies and cash flow, decreased A/R days outstanding, accelerated availability of consumer funds, reduced costs associated with manual-payment processing, and integrated processing by managing all payments, returns, and corrections through a single portal.
BestBill offers billing and payment solutions and services in the healthcare, utilities, and collections industries. Since its founding in 1999, BestBill has grown to serve clients from across the United States from its Phoenix headquarters and its Midwest office in Michigan.
BestBill's business culture has earned numerous awards and recognition in local and national business communities. BestBill also received the Arizona Business of the Year award by the U.S. Small Business Administration. For more information, visit http://www.bestbill.com/.
The proven leader in on-demand payment processing, BillingTree empowers customers with competitive advantage through a simplification of the billing and receivables process. By delivering the most innovative technology while making it as easy and inexpensive as possible to accept payments, BillingTree has revolutionized the payments landscape. Our software-as-a-service (SaaS) model delivers industry-leading payment solutions, proven integration, and point-and-click simplicity. BillingTree's focus on innovation has allowed us to help more than 2,000 customers eliminate manual processes and automate their payment cycles. BillingTree – Growth is our Business. For more information, visit www.mybillingtree.com or call 877.4.BILLTREE.
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