Patented Innovative Point-of-Service (POS) Technology Key to True Healthcare Reform
The "Holy Grail" of claims and payment systems has potential to save billions
CLEVELAND, Sept. 16, 2014 /PRNewswire/ -- High Deductible Health Plans with a Health Savings Account are here to stay. They save money ($21 million or more for every 10,000 employees). Current implementation of these plans is poor. Point of Service adjudication and payment is needed. Thomson Reuters, Bob Kelley says we can save $700 Billion annually in claims, administrative costs and fraud.
Consumerism in healthcare cannot thrive without transparency. POS technology turns a wireless connected Ipad, laptop or desktop computer into an ATM machine in the provider's office allowing the patient to see the cost and payment. The patient and the provider use their PIN numbers to verify the transaction. All banking is fully integrated to the POS platform. "We turn a complicated transaction into a simple banking transaction at the point of service, and align the interest of the payor, the provider and the patient." said Lisa Holland, Vice President of Simplicity Health Plans®
The POS platform has been proven over a period of three years. A study performed for the AMA showed overwhelming acceptance by providers. This patented web based POS technology reduced administrative cost, provided transparency, a completely paperless transaction, instant payment and did away with insurance forms, provider billing errors, patient bills, the debit card and most fraud.
About Simplicity Health Plans
Simplicity Health Plans® www.simplicityhealthplan.com is a transaction integrator that creates SaaS technologies for comprehensive consumer healthcare solutions. Our technology portfolio includes; the Health Index Calculator™; The Med Negotiator, our Web Based medical bill price negotiator (to market in 2015); the StayFit Plan™ wellness platform; and the first of its kind and proven CDHP/HSA Point of Service Payment System for healthcare, which fuses unparalleled technology, point of service adjudication, real-time data, and anti-fraud controls. To learn more about Simplicity Health Plans programs and services contact Lisa Holland, Vice President at (216-367-3092) or email at [email protected]
Contact: Lisa Holland-877-747-1113
[email protected]
SOURCE Simplicity Health Plans
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