NASHVILLE, Tenn., Aug. 27, 2024 /PRNewswire/ — Health iPASS, a Sphere company and leading provider of digital patient engagement solutions, announced it has enabled Mastercard's account-to-account bill payment network, Remote Payment and Presentment Service (RPPS), to power online medical bill payments in the U.S. and offer patients and providers a more secure and frictionless digital payment option.
Paying bills with paper checks remains a source of friction for healthcare providers, straining cash flow and taking up valuable time with time-consuming manual payment reconciliation. Similarly, Federal Reserve data shows that while overall check volume is declining, billions of people still use paper checks to pay their bills, presenting an opportunity for healthcare to optimize healthcare payments.
With the Health iPASS Bank Bill Pay solution powered by Mastercard RPPS, Health iPASS's tens of thousands of U.S. healthcare providers can now offer patients the option to pay medical bills digitally where they already manage and pay their other bills. This complements other electronic payment forms and meets the needs of payers who prefer to streamline bill payments through one organization. It also eliminates the need to share sensitive account details with multiple parties, minimizing check fraud.
“We're excited to partner with Mastercard to help healthcare providers avoid the hassle of paper checks and get paid quickly and electronically,” said Curtis Bauer, CEO of Health iPASS. “A costly issue for healthcare providers is that too many payments from patients come via offline paper checks. By adding online bank bill payment as a payment option for Health iPASS provider bills, we're empowering healthcare providers to convert unnecessary checks into faster, more secure digital payments.”
“Providing a streamlined payment experience while giving patients choice in how they pay continues to be a critical need for healthcare providers,” said Joseph Seltzer, senior vice president, product management, North America, Mastercard. “Mastercard RPPS enables healthcare providers to receive payments digitally through bank bill pay, reducing physical checks and ultimately improving cash flow and efficiency. We're pleased to partner with Health iPASS to take another step toward solving a critical payment need for the healthcare industry.”
To learn more about how Health iPASS can transform your patient experience and increase your revenue, visit Healthipass.com.
About Health iPASS
Health iPASS, a Sphere company, is an innovative provider of cloud-based patient engagement software. The Health iPASS solution enhances revenue collections for providers and streamlines the healthcare consumer experience from appointment to final payment. The Health iPASS software platform simplifies the pre-service and point-of-service check-in process and payment workflow. The technology also streamlines post-service payment collection through an innovative multi-channel virtual software interface. Health iPASS is committed to creating better check-ins for patients and improved revenue for healthcare practices. For more information, please visit http://www.healthipass.com.
Media Contact:
Michelle Noteboom
Amendola Communications
(email address protected)
Source: Health iPass (a Sphere subsidiary)
