To enhance patient payment procedures, Sphere, a pioneer in end-to-end payment solutions, will collaborate with VisitPay, a company that specializes in medical patient payment and security.
The two organizations introduced Text to Pay, a mobile payment service that works with healthcare providers to give them a safe method to offer and receive payment via text messages.
The app just provides patients with another, perhaps more convenient way to pay their bills and will supplement existing channels.
According to a press release, providing electronic or mobile payment options is “important” for every healthcare organization, especially in light of the rising cost of health insurance and co-pays. As a result, patients are now accountable for a greater portion of their medical expenses than they previously were.
The openness and simplicity with which patients may access the billing experience also have a significant impact on how they perceive their interactions with medical professionals. People expect to control their healthcare billing whenever and wherever they choose since they manage their life via mobile devices, according to the press release.
Mobile devices are being used for up to 60% of VisitPay logins, and businesses anticipate a “rapid” uptake of the new app.
The requirement is satisfied by integrating VisitPay’s patient-centric strategy with Sphere’s secure payments technology.
With the use of card tokens that have previously been gathered from patients, the software will allow patients to make payments through SMS without putting their own or their cards’ sensitive data in danger.
They won’t have to download any additional applications, and they may decide whether to pay for a single visit or several visits at once, according to the press release.
The firms guarantee accuracy and simplicity in that regard by immediately matching payments to the visit they were made for.
Patient privacy and information have been heated concerns since many governments and corporations disagree on how to approach the problem.
