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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.
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