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AnodynePay Introduces Editable Reminders and E-Statements

DALLAS, TX – AnodynePay, a leading medical revenue cycle management (RCM) platform developed by Plutus Health Inc., has launched personalized communication templates. It allows users to edit payment reminders and email-based e-statements before sending them off to patients. 

“Personalized communication templates make it easier for medical practices to tailor their collection campaigns. By giving them the power to customize the content, we allow them to optimize their collection efforts, boost patient payments, and ultimately improve their cash flow,” explains Thomas John, CEO of Plutus Health Inc. 

Users can opt to send a simple email or text reminder with the due amount and the link to the payment page or a full email template with an e-statement attached. 

They can quickly drag and drop pre-coded elements from practice-configured settings—such as patient names, account numbers, due amount, contact numbers, etc.— into the template. The values for these elements are pulled from the database and do not need to be hardcoded, making it possible to customize reminder and e-statement templates within minutes. 

Often described as one of the most well-designed patient reminder systems available, AnodynePay helps improve payment collection while reducing the cost and effort wasted on generating and mailing paper statements.

“It can take 30 to 40 business days to manually send out paper statements, wait for patients to pay using checks, and deposit these checks to the bank. Our platform cuts this process to less than 1 hour,” says John.

The AnodynePay platform digitizes the patient’s financial journey and simplifies RCM for medical practices of all sizes. Apart from automating payment reminders and e-statements, it allows patients to pay anytime, 24/7, from their phones or computers. It likewise improves transparency and communication to build better patient experiences. 

Medical practices interested in trying out AnodynePay can request a demo on www.anodynesimplepay.com. 

MEDIA CONTACT

Thomas John

Plutus Health Inc.

support@plutushealthinc.com

(469) 242-6053

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Collect Patient Balance Faster by Following These Tips

Many healthcare facilities suffer from time-consuming and error-prone manual collection processes involving generating and mailing paper statements. These old-school methods are costly and labor-intensive. They also cause late payments because the statements must be printed, sent out by mail, and then (hopefully) read by the payer. This slow patient balance collection can negatively affect your bottom line. Sluggish and late collections can ultimately cause your private practice to become financially unfeasible. 

The importance of quick and accurate patient balance collection 

These days, the success of a practice is not merely determined by high-quality patient care. It’s also important to consider the financial aspect of running a practice to prevent failure. Slow and delayed patient collections are the reasons why some clinics fail financially. Try not to let this happen to you. 

Delayed medical billings and collections are attributed to complex payment systems and unclear information on insurance coverage and patient volume. Timely patient collection ensures steady revenue and a reduced risk of financial failure.  

4 ways to make a patient balance collection faster 

Looking to maximize revenue and boost balance collection? Consider these simple ways to speed up balance collection and improve patient financial services: 

1. Simplify the payment system. 

Find a way to make your patient balance collection process easy. You can achieve this by implementing convenient payment systems and accepting multiple payment methods. 

2. Don't delay payment clearing. 

After the patient’s services are marked complete, be sure to clear the pending bills; they are personally responsible for on-site. That should eliminate the need to follow up with payment clearance. Moreover, it ensures timely medical billings and collections. 

3. Talk about payment issues as soon as you can. 

Discuss financial issues with your patients early to clarify crucial information, such as patient insurance coverage, deductibles, cost-sharing, and payment terms. 

4. Digitize and automate the process. 

One of the ways to improve patient balance collection is by digitizing the patient’s financial journey and your billing & payment processes. Doing this can improve your productivity and allows you to focus on patient care instead of worrying about your finances. 

Conclusion 

Better patient financial services can improve collections and your revenue. Digitizing your patient’s financial journey also helps speed up the process. 

AnodynePay is the solution you need for faster patient balance collection. It digitizes your patients' financial journey with text-based payment reminders, e-statements, and online bill payments. It also provides a patient portal to simplify medical bill management.

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AnodynePay Helps Healthcare Practices Boost Revenue with Patient Pay Services

DALLAS, TX – April 20, 2022 – 

AnodynePay is strengthening its position as a leader in medical billing automation. All its clients reported a significant increase in their revenue using Patient Pay Services. 

“Our services allow patients to pay their medical bills digitally at their convenience. Patients can check their statements and settle dues online anytime. This boosts collection rates while reducing the time and effort private clinics and hospitals waste on manual billing and payment methods,” explains Thomas John, CEO of Plutus Health Inc., the organization behind AnodynePay.   

Since its launch, AnodynePay’s Patient Pay services have continued receiving acclaim for shortening the medical billing and collection process from 45 days to just 2 days. This translates to substantial cost savings in all types of healthcare settings. 

Apart from paying online, patients can also use the AnodynePay’s Patient Portal to save their card information, set automatic payment for recurring bills, and choose payment plans based on their requirements. They can also check their statement history for better transparency. 

AnodynePay even provides chat support so that patients can communicate with their healthcare provider and resolve any questions immediately. This encourages prompt payments and allows faster collection. 

“Our Patient Pay services take the burden of billing and collections off our client's shoulders so they can focus on what they do best—delivering the best healthcare services to their patients,” John adds.

Patient Pay is just one facet of the 360-degree medical billing solutions offered by AnodynePay. It provides many more services that can be easily integrated  with existing software to prevent errors and data loss. Practices looking to improve collections while improving the overall patient experience can explore more features and book a demo at www.anodynesimplepay.com.

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AnodynePay Introduces New Feature - ‘One-Off Patient Statement’

DALLAS, TX – March 11, 2022 – AnodynePay—a leading software solution that makes it easier for medical practices to manage patient billing and payment—has recently introduced a new feature called ‘One-off Patient Statement.’ This one-click feature allows users to enter the patient’s details, preview the statement, and send it across right away, making the task of sending one-off statements much simpler and improving the general patient billing process.

AnodynePay is a comprehensive patient payment solution that digitizes the patient financial journey with text-based payment reminders, e-statements, and online pay portals.

 Developed by Plutus Health Inc., it is designed to streamline medical billing and collection to increase revenue and improve overall patient satisfaction.

 “We recognize that one of the biggest time-wasters in a medical practice is creating and mailing paper statements—a process that is cost-intensive and highly manual. This is why we created AnodynePay,” explains Thomas John, CEO of Plutus Health Inc.

 “By using our solution, medical practices can quickly create and send personalized electronic patient statements and send text reminders with a link for patients to view their statements and pay. It’s shown that patients are more likely to respond promptly; when they get text-based payment requests,” he adds.

 AnodynePay lets users send email and text reminders to patients, with or without the statement. This patient billing solution can also send IVR-based automated outbound call reminders; the call canbe set with a feature to accept payments too..

 Medical practices looking to improve collections and minimize cost can request a demo on www.Anodynesimplepay.com or call (469) 242-6053.

  MEDIA CONTACT

Thomas John

Plutus Health Inc.

Tel: (469) 242-6053

Email: info@calpion.com

4835 LBJ Freeway, Suite 300,

Dallas, TX 75244

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Paper Statements Vs. E-Statements for Patient Billing: Why Choose E-Statements

If you are still using paper statements in your practice, you could be missing out on the benefits of online patient billing. By switching to e-statements, you can offer convenience to patients who prefer to pay their bills online. Doing this leads to a reduction of expenses in terms of money and time in the long run. The benefits go beyond simply helping the environment and reducing waste by going paperless. 

Why use e-statements for patient billing? 

The growing population of tech-savvy patients prefers emails for the convenience it offers. E-statements and paperless billing let patients access their bills and statements online on their smartphones or computers instead of a physical copy sent via post. Digital billing also allows patients to receive their statements via email and immediately switch to their preferred digital payment platform to complete the transaction. This way, they are less likely to put off the payment and forget about it. 

Easier to organize 

Patient e-statements also reduce the amount of clutter and lose papers in one’s home. They are easier to find in an email inbox than when you must sort through a pile of envelopes and paper receipts. Patients can also download and save their e-statements on the computer or the cloud to access them at a later date. This makes it easier for patients to stay organized. 

More secure 

Email-based statements offer a higher level of security when it comes to patient billing. You can send password-protected e-statements to several patients in one go, including a payment link to click on when they are ready to pay. Switching to digital statements can also prevent identity theft from stolen paper mail.  

Reduce your overhead costs 

Patient e-statements can streamline the billing process and minimize your overhead costs. The right platform will ensure quick payments without guesswork, complications, or confusion. Your patients will be happy to receive easy-to-understand electronic statements, and practice can reduce costs associated with postage expenses and reduce late payments. 

It is time to modernize your practice 

Email-based statements for patient billing will transform your patient’s journey to a modern, secure, and convenient one. E-statements also boost collection rates. They are easy to access anytime and anywhere from a smartphone or desktop computer. 

About The Author: 

Shane D'souza leads sales efforts at AnodynePay, a product of Plutus Health Inc. AnodynePay is a comprehensive automated digital solution to address Patient Payments. AnodynePay focuses on digitizing the patient financial journey using e-statements with automatic text or IVR call reminders, and autopay services and improving patient bill collections and patient experience.