PHOENIX, Oct. 9, 2012 /PRNewswire/ -- BillingTree, one of the nation's leading on-demand payment processors, today announced a major new partner program targeting qualified solution providers looking to integrate a comprehensive payment portal as an extension or enhancement to their current offering.
The new partner initiative was developed by Liz Caracciolo, BillingTree's recently appointed Vice President of Corporate Development, to drive increased adoption of electronic payments over the web, mobile/text and IVR payment channels. Recent activity has seen BillingTree's proven patient payment portal and processing services adopted by hospitals and healthcare providers resulting in improved revenue cycle management and faster access to cash through reduced days in A/R.
"The preference for fully integrated electronic patient payments is of growing importance to healthcare technology product management and hospital revenue cycle executives," said Liz Caracciolo. "We want to forge alliances with best of breed technology companies servicing hospitals, healthcare professionals, physician groups and beyond, to integrate BillingTree's comprehensive suite of payment processing solutions. By partnering, technology vendors can provide their clients a proven payment processing platform and ongoing innovations without diverting resources from their core product developments."
Common questions being asked in the Healthcare Industry are:
- Will expanding core system functionality to include a comprehensive multi-channel electronic payment processing platform be beneficial to healthcare providers?
- As the shift toward higher patient pay responsibility continues, how are healthcare providers addressing the growing need for "patient preference communications" to more effectively collect outstanding balances?
- How are healthcare providers integrating patient payment technology in their patient portals to increase portal adoption and utilization?
Healthcare solution providers interested in discussing the new partner program directly with BillingTree at the upcoming AAHAM-ANI and MGMA shows or with Liz Caracciolo personally at the MGMA show, visit www.mybillingtree.com/hcmeeting.
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.
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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