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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 Corral Solutions?

Corral provides a cloud-based solution aimed at enhancing patient engagement for healthcare providers by optimizing payment management systems. Patients can conveniently pay their bills through a customized online portal, regardless of whether the healthcare practice has its own website. The platform sends quick email notifications to keep patients updated on their outstanding balances, utilizing either pre-designed or adjustable templates. It supports an array of payment methods, including credit card transactions—whether swiped, keyed, or dipped—as well as checks, cash, and online payments, all consolidated within a single system. Billing reconciliation is made effortless due to readily available reports that monitor approved and declined payments while notifying users of expiring credit cards. Furthermore, Corral streamlines the management of multiple provider, merchant, and location accounts, allowing users to handle all operations from one user-friendly interface, which ultimately boosts overall efficiency. Additionally, this comprehensive approach not only enhances patient satisfaction but also supports healthcare providers in maintaining better financial oversight.

Media

Media

Integrations Supported

BriefYourMarket.com
Inovalon Provider Cloud

Integrations Supported

BriefYourMarket.com
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

Axia Holdings

Company Website

www.corralsolutions.com

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

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