TransFirst, a company providing secure transaction processing services as well as focusing on payment-enabling technologies, and iNtelli-Bill, the billing services division of American Medical Systems, have combined forces.
Here are three things to know about the new strategic alliance, according to a release:
- TransFirst's payment processing solutions will integrate within HorizonMIS, iNtelli-Bill's online medical billing software, aiming to improve the way medical offices collect patient payments.
- TransFirst claims to provide more opportunities for reimbursements based on convenience of electronic pay.
- eChecks, ACH transactions and secure Internet-based gateway payments also can reduce chances of human error as well as patient information is entered only once.
"Physicians may see increased cash flow while reducing the costs associated with collecting patient payments and should see a marked decrease in outstanding patient receivables," iNtelli-Bill's CTO Larry Evans said of the alliance.