Through the partnership, NMMC will use Rectangle Health’s Practice Management Bridge software for patient payments, according to a news release. The software, which was integrated into NMMC’s current system, provides multiple payment plan options for patients. It also aims to make the hospital’s internal patient payment collections processes more efficient.
“We needed a tech-savvy solution to help the hospital increase patient payments and lower our account receivable,” said Carolyn Burns, patient account counselor at NMMC. “Rectangle Health’s patented software has been a blessing, we enjoy the fact we can now set up payments online, almost eliminating manual payment processes.”
More articles on healthcare finance:
CHI sees operating loss shrink as turnaround efforts take hold
Kaiser Permanente sees revenue climb $8.1B in 2017
CMS launches initiative to reduce Medicare appeals backlog: 3 things to know
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.