MECHANICSBURG, Pa., Aug. 29, 2017 /PRNewswire/ -- HealthPay24, a recognized leader in patient financial engagement solutions, and CardConnect, a leader in payment processing technology, announced a partnership that will secure payment acceptance and improve business efficiencies through a seamless, integrated offering for healthcare organizations and the omni-channel patient.
Through this strategic partnership, HealthPay24 has enhanced their existing integrated platform with Bolt P2PE, CardConnect's solution for simplified payment device integrations. This combined offering provides secure payment acceptance and data breach protection for healthcare providers and their patients through PCI-Validated Point-to-Point Encryption (P2PE) and tokenization, along with the ability to simplify efforts to comply with Payment Card Industry Data Security Standards (PCI DSS) and reduce administrative time spent on Self-Assessment Questionnaires (SAQs). The integration produces a seamless and secure experience extending to major Electronic Medical Record (EMR) and Electronic Health Record (EHR) systems including Epic, Cerner, McKesson and GE.
"Today's patient can enter the revenue stream at many different channel scenarios throughout their unique health service cycle," said David Millary, President of HealthPay24. "With the integration of CardConnect into the HealthPay24 platform, providers can utilize omni-tokenization technology to enable payment tokens to transcend any single service channel and be unique across an entire health enterprise. This solves many payment challenges providers face when servicing omni-channel patients."
"HealthPay24 has developed a flexible, robust, patient payment platform for healthcare organizations and now we have the opportunity to enhance the user experience by infusing Bolt technology," said Rob Nathan, Executive Vice President of CardConnect. "Together, we can provide HealthPay24 clients and patients with the most secure and efficient payments platform on the market."
HealthPay24, an Invoice Cloud company, is a recognized leader in patient payment and engagement innovation and continues to pioneer expert-driven solutions to the ever-increasing patient pay responsibility. Founded in 2001, the company's industry leading platform was developed on feedback from finance officials among hundreds of hospitals nationwide as a solution dedicated to processing healthcare payments. The solution manages the patient financial responsibility from pre-to-post-service, provides flexibility and convenience for online & POS collections, and fuels productivity to financial posting and reconciliation processes.
CardConnect, a First Data Company, is a leading provider of payment processing and technology solutions, helping more than 67,000 organizations – from independent coffee shops to iconic global brands – accept billions of dollars in card transactions each year. Since its inception in 2006, CardConnect has developed advanced payment solutions backed by patented, PCI-validated point-to-point encryption (P2PE) and tokenization. The company's small-to-midsize business offering, CardPointe, is a comprehensive platform that includes a powerful reporting and transaction management portal that extends to a native mobile app. For enterprise-level organizations, CardSecure integrates omni-channel payment acceptance into several ERP systems – such as Oracle, SAP, JD Edwards and Infor M3 – in a way that minimizes PCI compliance requirements and lowers transaction costs.