Veradigm to Simplify Patient Payment Journey with Veradigm Intelligent Payments

Rhea-AI Summary

Veradigm, Inc. (NASDAQ: MDRX) Announces New Solution 'Veradigm Intelligent Payments' to Digitally Engage with Patients, Improve Practice Efficiency, and Increase Payment Rates

Positive

• Veradigm Intelligent Payments offers healthcare organizations the ability to digitally engage with patients, improving practice efficiency and patient satisfaction.
• The collaboration with RevSpring allows Veradigm to deliver market-leading patient payments solutions to a vast customer base, positively impacting the financial health of providers and their patients.

Negative

• None.

New solution to help providers digitally engage with patients, improving both practice efficiency and the patient experience

CHICAGO--(BUSINESS WIRE)-- Veradigm, Inc. (NASDAQ: MDRX), a leading provider of healthcare data and technology solutions announced today that it will now offer a new solution to help increase payment rates, accelerate time to payment, and reduce manual reconciliation time for healthcare provider practices. Veradigm Intelligent Payments is a bundle of financial communications and payment solutions and is now available within Veradigm Payerpath via a collaboration with RevSpring, a leading and respected provider of healthcare engagement and payment solutions.

Veradigm Intelligent Payments offers healthcare organizations the ability to digitally engage with patients for the delivery of patient statements and collection letter communications, easing the administrative burden experienced by many healthcare provider practices. It also includes an enhanced online bill payment portal to improve both practice efficiency and patient satisfaction. This new solution helps practices confidently shift to a more easily actionable digital delivery of financial communications that provides patient engagement via preferred channels.

“With Veradigm Intelligent Payments, even more healthcare providers will enjoy delivering a simplified approach to their patients’ payment journey which in turn, increases patient satisfaction,” said Tom Langan, President, and Chief Commercial Officer of Veradigm. “This solution will provide overall value to our clients by offering the right payment option to each individual patient through the right communication channel.”

“We are very excited to join the Veradigm Network with the opportunity to deliver our market-leading patient payments solution into the hands of the vast Veradigm customer base,” said RevSpring CEO Scott MacKenzie. “The impressive reach Veradigm holds amongst healthcare providers aligns with our growth goals and allows us to positively impact the financial health of providers and their patients through this strategic collaboration.””

Join Veradigm on November 8^th, 2023, to learn more about Payerpath and its Patient Responsibility Solutions, including Intelligent Payments.

About Veradigm®

Veradigm is a healthcare technology company that drives value through its unique combination of platforms, data, expertise, connectivity, and scale. The Veradigm Network features a dynamic community of solutions and partners providing advanced insights, technology, and data-driven solutions for the healthcare provider, payer, and biopharma markets. For more information about how Veradigm is fulfilling its mission of Transforming Health, Insightfully, visit www.veradigm.com, or find Veradigm on LinkedIn, Facebook, Twitter, and YouTube.

© 2023 Veradigm Inc. and/or its affiliates. All Rights Reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231107869703/en/

Investors:

Jenny Gelinas

312-506-1237

jenny.gelinas@veradigm.com

Media:

Concetta Rasiarmos

312-447-2466

concetta.rasiarmos@veradigm.com

Source: Veradigm Inc.

FAQ

What is the new solution announced by Veradigm, Inc. (NASDAQ: MDRX)?

Veradigm Intelligent Payments is a bundle of financial communications and payment solutions aimed at helping healthcare provider practices increase payment rates, accelerate time to payment, and reduce manual reconciliation time.

How does Veradigm Intelligent Payments benefit healthcare organizations?

It offers the ability to digitally engage with patients for the delivery of patient statements and collection letter communications, easing the administrative burden experienced by many healthcare provider practices. It also includes an enhanced online bill payment portal to improve both practice efficiency and patient satisfaction.

Who is Veradigm collaborating with for this new solution?

Veradigm is collaborating with RevSpring, a leading provider of healthcare engagement and payment solutions, to offer Veradigm Intelligent Payments within Veradigm Payerpath.

When can interested parties learn more about Veradigm Intelligent Payments?

They can join Veradigm on November 8th, 2023, to learn more about the new solution.