Through this collaboration, TMR’s web-based CITATIOM i-Remit lockbox will be combined with Orbograph’s Healthcare Payment Automation Center.
“The combination of i-Remit and HPAC resolves many of the problems faced by medical administrators in managing payments for healthcare services, including the desire to streamline paper, reconcile payments, slash outstanding receivables and shrink back-office costs to ultimately improve cash flow,” said Norman Picard, COO of TMR. “Already operating successfully in the field, this solution will help banks of any size gain a clear competitive advantage when pitching business services to healthcare professionals.”
More articles on finance issues:
7 recent hospital outlook and rating actions
CMS pays $1.3B to hospitals for Medicare appeals
Florida’s new plan for hospital funding: 3 things to know
