New Solution Demonstrates 50 Percent Decrease in Patient Receivables
Minneapolis (Oct. 12, 2009) — mPay Gateway, the leader in patient payments, today announced an
agreement with Allscripts, the leader in software, services, information, and connectivity solutions for physicians and hospitals, to provide its point-of-care patient payment technology to Allscripts practice management and revenue cycle management clients nationwide.
The U.S. health care payment system is shifting to a consumer-driven model, making patient payments the fastest growing portion of a provider’s revenue stream. However, many practices write off as much as 50 percent of patient payments as bad debt, contributing to industry-wide losses of $300 billion per year.
Allscripts Patient Payment Assurance™ powered by mPay Gateway dramatically reduces patient
payment issues by addressing payments at the point of care.
“Customers using Allscripts Patient Payment Assurance now have the opportunity to decrease
administrative hassles typically associated with patient payments,” said Lee Shapiro, president of
Allscripts. “This technology allows providers to calculate the patient responsibility and obtain payment
authorization before the patient leaves the office. This eliminates billing hassles and ultimately enhances
the provider-patient relationship.”
Using technology from mPay Gateway, Allscripts Patient Payment Assurance provides point-of-care
collection of credit card and debit card payments, which all but eliminates the need for patient billing.
The solution enables providers to calculate how much the patient owes, based on their own rates and
the patient’s insurance, and obtain payment authorization before the patient leaves the office. The
patient’s payment card is charged only after the clinic settles the claim with the insurance company.
Clinics that are utilizing the solution have realized 50 percent decreases in patient receivables.
“We are excited to extend our offering to the tens of thousands’ physicians and other health care
providers who already use Allscripts awarding-winning practice management and revenue cycle
management solutions,” said Brian Beutner, chief executive officer for mPay Gateway. “Practices using
mPay Gateway are actually preventing overdue and uncollectible patient accounts. In fact, we have seen
practices cut their patient payment receivables in half by utilizing our technology.”
Medical groups using Allscripts practice management and revenue cycle management solutions employ
more than 110,000 physicians nationwide.
About mPay Gateway, Inc.
mPay Gateway is a Minneapolis, Minn.-based company that develops financial technology products and
services to support health care’s complex and unique payment environment. mPay Gateway empowers
health care providers with a payment solution that enables collections from patients at the point of
care, regardless of the patient’s third party payer affiliation or the provider’s practice management
solution. mPay Gateway is a PCI-certified acquiring card processor. For more information, please visit
http://www.mpaygateway.com .
Media Contact
mPay Gateway:
Kira Bork
952-346-6317
kbork@webershandwick.com