ATLANTA (June 16, 2015)—Patientco, the award-winning patient revenue cycle technology company that optimizes the payment experience for patients and their providers, announced today it has rebuilt the company’s PatientWalletSM from the ground up to give patients an easier way to pay their healthcare bills any time, anywhere, from any device. The new-and-improved technology demonstrates the company’s commitment to providing healthcare organizations with best-of-breed patient revenue cycle technology to build stronger patient relationships, streamline patient financial communication, and ultimately, increase patient payments.
“We are on a mission to empower healthcare organizations to optimize their payments and provide the best possible payment experience to patients,” remarked Bird Blitch, CEO at Patientco. “PatientWallet is a shining example of that mission.”
Patients are now a major source of revenue for hospitals and health systems, which makes it imperative for providers to adopt better technology to support an increased focus on the patient revenue cycle. PatientWallet has been fully tested by patients, and vetted by providers and payments experts to ensure the best payment experience available in healthcare today.
The technology has garnered rave reviews from those who have gotten a sneak peek prior to launch. “I really like the redesigned PatientWallet and think our patients will appreciate its simplicity,” said Chuck Herrick, Director of Patient Financial Services at Crisp Regional Hospital.
PatientWallet includes many consumer-focused features to make it easy for patients to pay their bills and help healthcare organizations increase cash flow, such as:
- Mobile-responsive design for optimized payments on smartphones and tablets;
- Simplified user experience for frictionless payment flow;
- Industry-leading security, including HIPAA-compliant messaging between patients and providers;
- Full archive of all bills, receipts and account activity for patients, including online, in-office, and paper payments; for any facility in the network.
- Enhanced brand recognition for healthcare organizations on the platform; and
- Multi-provider payment support.
“With an expected 12 million patients using Patientco by the end of 2015, we are proud to be an industry leader in patient revenue cycle technology,” said Joshua Silver, vice president of product development at Patientco. “The redesigned PatientWallet enables us to strengthen this position and continue to push the envelope in terms of the technology and innovation we offer clients.”