Solution to enable health system to provide patient-friendly billing and payment access and optimized revenue cycle operations
NEPTUNE, N.J.–(BUSINESS WIRE)–Patientco, a market-leading patient revenue cycle technology company, has been selected by Meridian Health, a leading not-for-profit health care organization in New Jersey, as the organization’s patient friendly billing and payment solution to enhance the financial experience for its patients and providers.
The Patientco solution allows:
- Convenient patient access to their hospital financial obligations;
- Plain language billing statements;
- Tracking of current, outstanding and historical balances; and
- Improved ability to make payments through clearer statements and patient-centric payment tools.
“It’s now expected that technology fosters ease of use, understandability and access to health care information, but we were looking for a solution that would provide those qualities directly to our patients for their account status,” said Marilyn Koczan, vice president of financial services at Meridian Health. “With statements that are easy to understand, intuitive alerts and convenient access, Patientco’s solution will help us provide our patients with a meaningful and efficient financial experience.”
With multiple patient-friendly payment methods offered, including online, mobile, check, cash or over the phone, and clear statements with everyday language and summaries, patients can easily assess what they owe and quickly make payments in a manner that’s convenient for them.
“Consumerism, combined with increased patient financial responsibility is creating a unique shift where organizations must work with patients to help them better understand, manage and pay their bills,” said Bird Blitch, chief executive officer at Patientco. “We are looking forward to our partnership with Meridian and are committed to working with them to provide high-quality financial experiences for patients and promote long-term viability for the organization.”
About Meridian Health
A leading not-for-profit health care organization in New Jersey, comprising Jersey Shore University Medical Center and K. Hovnanian Children’s Hospital in Neptune, Ocean Medical Center in Brick, Riverview Medical Center in Red Bank, Southern Ocean Medical Center in Manahawkin, Bayshore Community Hospital in Holmdel, Raritan Bay Medical Center in Old Bridge, Raritan Bay Medical Center in Perth Amboy, and Meridian Partner Companies that include home health services, skilled nursing and rehabilitation centers, ambulatory care, ambulance services, fitness and wellness centers, and outpatient centers. In May, Meridian Health and Hackensack University Health Network signed a definitive agreement to merge. Meridian Health has consistently been rated among the top performing health systems in New Jersey for clinical quality, is one of the FORTUNE “100 Best Companies to Work For” for six consecutive years, and is the recipient of numerous state and national recognitions for patient care and nursing excellence. Meridian Health is a member of AllSpire Health Partners, an interstate consortium alongside six of the nation’s leading health systems, to focus on the sharing of best practices in clinical care and achieving efficiencies. With more than 100 convenient locations, over 2,300 beds, nearly 15,000 team members, and affiliations with more than 2,700 of the area’s finest physicians, Meridian Health is a leading health care provider in New Jersey, providing quality health services, facilities, and programs. For more information, please visit www.MeridianHealth.com.
Patientco is the market-leading provider of cloud-based patient revenue cycle technology that empowers providers to optimize payments and increase business office efficiency through consumer-centric technology. Patientco goes beyond basic payment capture to connect every patient payment event throughout multi-facility networks—delivering unrivaled visibility into and control over the patient revenue cycle. The result is improved cash flow, reduced A/R days, cost-saving efficiencies and increased patient and provider satisfaction. For more information, visit https://www.patientco.com/why-patientco.