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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 Casamba Revenue?

Reducing denials and delays in claim submissions, along with having a dedicated team for follow-ups, can contribute to a notable 4% increase in revenue and a 10% boost in net payment per visit. Improved collection efficiency, combined with consistent follow-ups, can further enhance net collection rates. Moreover, cutting your Days Sales Outstanding (DSO) by 10 days or more can greatly strengthen cash flow. Claims that meet all specified requirements can speed up the collection process and improve financial liquidity. By utilizing dashboards and metrics, you can make informed decisions that drive your business forward. The partnership between Casamba and IKS Health provides a unified solution tailored to the specific hurdles encountered by physical therapy practices. This collaboration combines advanced technology with comprehensive services, offering significant advantages to your operations. Such integration not only streamlines the functioning of your practice but also allows you and your therapists to focus on providing exceptional patient care. Additionally, our Revenue Cycle Management (RCM) service is crafted not just to support your business but to actively promote its growth, so don't hesitate to reach out and learn how we can help you achieve your objectives. In doing so, you can position your practice for long-term success and sustainability in a competitive market.

Media

Media

Integrations Supported

Inovalon Provider Cloud

Integrations Supported

Inovalon Provider Cloud

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour 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
Webinars
Online Training
On-Site 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

Casamba

Date Founded

2000

Company Location

United States

Company Website

casamba.net/solutions/medical-revenue-cycle-management/

Categories and Features

Revenue Cycle Management

Accounts Receivable
Claims Management
Collections Management
EHR/EMR Integration
For Healthcare
ICD-10 Compliance
Insurance Verification
Medical Billing
Patient Portal
Patient Registration
Patient Scheduling
Payment Processing

Categories and Features

Medical Billing

Claims Processing
Claims Scrubbing
Code & Charge Entry
Compliance Tracking
Customizable Dashboard
Dunning Management
Invoice History
Patient Eligibility Checks
Practice Management
Quotes/Estimates
Remittance Advice

Revenue Cycle Management

Accounts Receivable
Claims Management
Collections Management
EHR/EMR Integration
For Healthcare
ICD-10 Compliance
Insurance Verification
Medical Billing
Patient Portal
Patient Registration
Patient Scheduling
Payment Processing

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