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What is Inovalon Patient Payment Management?

Provide round-the-clock access for patients, residents, and their caregivers to effortlessly handle payments for healthcare services, featuring secure and versatile payment options tailored to individual needs. A straightforward portal supports multiple payment types, ensuring users comprehend their financial obligations while enhancing overall satisfaction. Payments can be processed at the service point, online, through payment plans, by retaining cards on file, over the phone, or via mail, allowing for maximum flexibility. Streamline payment collection to improve cash flow for providers and residents alike. Centralize all payment details under one login for easier access and management. Leverage standard reporting tools or create and export an unlimited array of custom reports to minimize manual tasks. Keep track of and reconcile payments in real-time, ensuring accuracy and facilitating smooth end-of-day reconciliations. Improve the payment experience for patients, residents, and staff through flexible solutions such as text-to-pay, which not only enhances cash flow but also boosts convenience. This holistic approach simplifies payment management and strengthens the relationship between healthcare providers and those under their care, ultimately leading to better service delivery and patient satisfaction.

What is BHRev?

BHRev is a groundbreaking platform specifically crafted for revenue cycle management and automation, aimed at fulfilling the requirements of behavioral health providers, thereby allowing them to optimize their financial operations from initial claims submission to payment collection through the integration of AI-driven automation and specialized knowledge. By tackling the unique challenges faced by behavioral health organizations—such as complex payer regulations, rigorous documentation requirements, high denial rates, and evolving compliance standards—BHRev can automate up to 80% of revenue cycle management tasks, enabling skilled professionals to handle exceptions, guarantee compliance, and oversee intricate billing processes, which leads to faster reimbursements and fewer administrative errors. This platform effectively combines advanced automation with expert human oversight to address critical operations such as verifying insurance eligibility, processing and scrubbing claims, managing denials, and posting patient payments, consequently reducing the operational burden on clinics and enhancing their cash flow. As a result, BHRev not only simplifies financial workflows but also allows behavioral health practices to devote more attention to patient care, ultimately fostering a healthier and more efficient healthcare environment. Furthermore, the platform's innovative approach ensures that providers can maintain focus on their core mission while relying on BHRev to streamline their financial operations.

Media

Media

Integrations Supported

Inovalon Provider Cloud

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Inovalon

Date Founded

1998

Company Location

United States

Company Website

www.inovalon.com/products/provider-cloud/revenue-cycle-management/patient-payments/

Company Facts

Organization Name

BHRev

Company Location

United States

Company Website

bhrev.com

Categories and Features

Categories and Features

Behavioral Health

Not specified

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