a system that pays for itself
Increase Patient Payments After Discharge
Once patient’s discharge treatment, payment rates and compliance tend to fall dramatically. Our system improves patient communication, addresses non-compliance immediately, and helps drive patient payment compliance at all stages
A different approach to patient statements
Not Just Your 3 Standard Statements
The traditional approach to patient balances, which includes sending three final statements, has been proven over and over again to be ineffective in securing payment.
At RecoveryPay, we take a have a different strategy. Our three phased approach, including varying physical statements, has a proven track record in improving patient payments
Meet With Us Today To Hear More About Our Unique Approach
Reimagine the rcm cycle & patient payments
Schedule Strategic Settlement Offers
The studies have been done and the results are clear, engaging patients with settlement offers is an effective way to improve cashflow, drive compliance, and effectively manage patient balances.
Our system is designed to enable these offers at the right time, based on your customized preferences.
Start Driving More Patient Payments Faster Today
From pre-admission through discharge
All The Features You Need In One System
Proactive management of all payment plans
Allow patients to put credit cards on file
Automatically reconcile estimates to actual statement balances
Payment Plan Management
Automatic Tracking
Our system automatically tracks payment plans, notifies patients of missed payments, and notifies you of non-compliance.
Easily View Financial Clearance
Improve Your Admission Process
Our system makes it easy for your admission staff to immediately identify patients with a deposit or payment plan that are financially cleared.
Automatic Statement Reconiliation
Increase post-discharge patient payments
Our system will automatically track patient payments and adjust amounts owed by the patient as insurance claims start to settle.
improve admissions & cashflow
Access Integrated Loan Options
RecoveryPay offers a suite of services to enhance your financial operations. Our front-end software solution integrates seamlessly with your existing systems to manage initial payments and set up payment plans. Our back-end collection management services ensure timely collection of past-due amounts while maintaining compliance with federal regulations. Additionally, our patient lending solutions provide immediate access to funds, helping both patients and facilities manage financial responsibilities effectively.