If 90% of patients pay at the time of visit before they see the provider, but only 40% pay after they walk out the door, it’s easy to see which half of the equation is more profitable. When patients know what they need to pay, they are more prepared to pay when they arrive in your office.
iBridge puts patient pay estimates into motion the minute the appointment is made. Your system sends a message to iBridge which automatically contacts the insurance payor for insurance verification and benefits information. Once coverage is verified, iBridge combines patient information with the payor fee schedule. It then calculates patient responsibility including deductibles, copays, coinsurance and out of pocket maximum information and sends it to your business system. By the time the patient reaches your office, patient self-pay estimates are in your system, staff and patient notified and you are more likely to collect that revenue.
With iBridge, patient insurance is verified and patient financial responsibilities clarified. Your staff can inform patient, collect co-pays, engage them in payment plan.