PatientPay Shows Commitment to Rid Paper from Healthcare Billing In Support of The Nature Conservancy

Patient Pay℠, the leader in patient healthcare payment solutions, will use the 46th celebration of Earth Day to demonstrate its commitment to eliminate paper from patient healthcare billing. The company, with headquarters here, has pledged to support The Nature Conservancy© with its Plant-a-Billion-Trees initiative to plant trees and restore forests in America and around the globe.

During this year’s Earth Day, which falls on April 22, Patient Pay will have a tree planted by The Nature Conservancy for every patient payment the company receives. If people’s doctors are not using Patient Pay, or they don’t have a pending bill, the company urges them to make donations athttp://www.plantabillion.org
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“An astounding 98 percent of healthcare bills are sent in paper form even though 70 percent of people prefer pay their medical bills online according to Deloitte,” said Tom Furr, Patient Pay’s CEO. “Medical practices, urgent care facilities and hospitals can make a choice that will have a massively positive impact on our environment. For example, practices that send out 10,000 paperless patient statements a month can save the equivalent 32 acres of trees every month by billing through Patient Pay. That’s equivalent to the area occupied by 24 football fields.

“Around the world large swaths of land are being deforested. That hampers the role forests play in the production of clean water, clean air, regulating climate and supporting all of us and our eco-system,” Furr  said.

Patient Pay Paperless℠ was developed to make the billing process quicker and lower cost for healthcare providers and easier to understand and act on for consumers. Those using paper-based methods to bill for healthcare services typically send over three paper statements before any payment is received, according to the Medical Group Management Association. About 75 percent of consumers who get medical bills via Patient Pay pay immediately upon seeing them. As a result, not only is a vital natural resource preserved, but the cost and time to bill is cut in half, and beneficial patient engagement extends to the bill and its payment.

How Patient Pay Works

About Patient Pay

Patient Pay creates patient payment solutions that help patients, practices, hospitals and revenue cycle management providers better control expenses in today’s healthcare environment.

Its solutions yield greater operational and financial efficiency for healthcare providers while giving patients a simple way to manage their healthcare-related financial obligations. The billing, payment and reporting services are HIPAA and PCI Level 1 compliant and eliminate time-intensive, error-prone, manual back-end efforts to process and reconcile paper bills or manage a traditional online portal.

Patient Pay was founded in 2008 to bring to healthcare consumers the same type of payment solutions they use in retail and e-commerce environments. In 2012 Patient Pay was granted three patents (U.S. Patent Nos. 8,155,983, 8,204,764 and 8,214,233) for its innovative process that underpins its solutions, which can be integrated with any healthcare management software.

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