PaymentsMD offers an industry-leading service to enhance revenue cycle management for the healthcare provider. Formerly known as ApolloMD Billing Services, PaymentsMD focuses on increasing and expediting revenue collection while reducing complexity and administration for the provider. PaymentsMD has proven expertise with best practices established from its substantial client-base of ApolloMD providers. Using leading-edge technology and electronic communication with the majority of payers, PaymentsMD demonstrates results with an improved bottom line for its providers while easing the billing and payment process for their patients.
Currently, in the United States, the healthcare payment system is grossly inefficient, consuming 15% or more of each dollar spent on healthcare, compared with roughly 2% for the payment system in retailing. PaymentsMD was created to combat that inefficiency. Our mission is to maximize the efficiency and performance of our healthcare providers and deliver unparalleled billing and claim support for the patient.
PaymentsMD gives patients the ability to pay their doctors’ bills online in a secure and convenient fashion. PaymentsMD eliminates the high transaction costs and frustrations associated with paper-based collections, resulting in a decrease in bad debts and a more streamlined and efficient revenue cycle.
To find out more about how PaymentsMD can streamline the medical billing process for both provider and patient, visit www.paymentsmd.com.
