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What is TELCOR RCM?

No matter if you function as a standalone reference laboratory, a pathology clinic, an outreach testing facility, or a public health lab, TELCOR RCM billing software provides vital resources to address intricate billing challenges and improve your bottom line. This all-encompassing revenue cycle management system aids in submitting claims, tracking, processing remittances, managing accounts receivable, and handling billing for both patients and clients while supporting multiple NPIs. By utilizing advanced technology, you can minimize the reliance on a large billing team and significantly enhance your revenue cycle's productivity by automating routine tasks like submitting claims and collecting patient data, in addition to producing in-depth financial reports. Furthermore, you can optimize payment processing by automating the handling of electronic payments from payers through 835 ERAs or bank lockbox files, thus removing tedious manual adjudication processes. Enhancing communication regarding billing with patients can also streamline their experience, making payment methods faster and more user-friendly, which ultimately leads to a more efficient revenue cycle. This comprehensive strategy not only boosts operational efficiency but also significantly improves the overall experience for healthcare providers and their patients alike, making it a crucial element in today’s healthcare environment.

What is PatientPay?

PatientPay offers a comprehensive, flexible, and secure billing and payment solution designed to enhance revenue cycle management for healthcare providers. By seamlessly connecting with existing practice management or health information systems, PatientPay streamlines the payment process, reducing administrative burdens and accelerating cash flow. The platform supports a range of payment methods, including credit cards, HSA/FSA, eCheck/ACH, and popular digital wallets like Apple Pay, Venmo, PayPal, and Google Pay, catering to diverse patient preferences. Notably, PatientPay’s service complies with HIPAA and TCPA regulations, ensuring effective communication with patients through their preferred modes, such as text and email, which boosts engagement and satisfaction. Additionally, PatientPay features an advanced dunning engine that ensures timely and suitable interactions with patients, leading to faster payments that average less than 14 days, as opposed to the usual industry timeframe of 45 to 60 days. This focus on efficiency not only enhances the financial well-being of healthcare practices but also strengthens the rapport with patients, fostering trust and loyalty. With its robust capabilities, PatientPay positions itself as a leader in the healthcare billing landscape.

Media

Media

Integrations Supported

Apple Pay
Avalon Laboratory System
CGM LABDAQ
Dendi LIS
Flip
Google Pay
IAL (InterActive Lab)
PayPal
Venmo

Integrations Supported

Apple Pay
Avalon Laboratory System
CGM LABDAQ
Dendi LIS
Flip
Google Pay
IAL (InterActive Lab)
PayPal
Venmo

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

Telcor

Date Founded

1995

Company Location

United States

Company Website

telcor.com/revenue-cycle-management/discover-telcor-rcm/

Company Facts

Organization Name

PatientPay

Date Founded

2008

Company Location

United States

Company Website

www.patientpay.com

Categories and Features

Medical Lab

Audit Trail
Data Analysis Auditing
Data Security
EMR Interface
Fax Management
Lab Instrument Interface
Multi-Location Printing
Online Instrumentation
Physician Test Panels
Procedure-Based Billing
Sample Tracking

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

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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