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Hackensack Meridian Health Innovates Patient Billing and Payments with TD Bank and Nordis Technologies
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
TD Bank and Nordis Technologies have partnered to create an integrated patient billing and payments solution for Hackensack Meridian Health, enhancing revenue cycle efficiency and automating operations. Since launching, over 180,000 payments have been shifted from manual to electronic methods, streamlining communication through Nordis' Expresso® software and TD Bank's eBill system. The solution facilitates the management of patient billing for 17 hospitals and over 500 care centers, aiming to improve patient satisfaction and financial engagement.
Positive
Partnership with Nordis Technologies enhances efficiency in patient billing and payments.
Converted over 180,000 payments to electronic methods, streamlining processes.
Expresso® software allows for communication management, improving patient experience.
Negative
None.
CHERRY HILL, N.J. & CORAL SPRINGS, Fla.--(BUSINESS WIRE)--
TD Bank and Nordis Technologies have collaborated to deliver a fully integrated patient billing and payments solution for Hackensack Meridian Health, New Jersey’s largest and most comprehensive health system. The seamless system has digitally transformed key revenue cycle operations for greater efficiency, automation and agility while improving patient financial experience.
Since launching the new system, Hackensack Meridian Health has converted over 180,000 payments from paper and manual methods to electronic through self-service online or intelligent voice systems.
The solution combines Nordis’ patented Expresso® customer communications management (CCM) software for creating, distributing and tracking print and digital statements and other patient financial communications with TD Bank’s eBill electronic bill presentment and payment (EBPP) system. It has enabled Hackensack Meridian Health to eliminate multiple, disconnected systems and use a single integrated platform to manage the entire lifecycle of patient billing and payments for its 17 hospitals and more than 500 ambulatory care centers, fitness and wellness centers, home health services, rehab centers, and skilled nursing centers.
“We believe caring for our patients includes the financial experience, and it is our goal to make receiving and paying bills easier and more personalized,” said Anne Goodwill Pritchett, MPA, FHFMA, Executive Vice President of Revenue Operations for Hackensack Meridian Health. “Our cloud-based system from TD Bank and Nordis gives us new capabilities and flexibility to cater to each patient’s preferences, increasing satisfaction and financial engagement.”
Hackensack Meridian Health is using Expresso to develop, customize and deliver 1.8 million patient statements, letters and other financial communications each year. Expresso integrates seamlessly with TD Bank’s EBPP solution, allowing patients to manage their accounts online, including viewing statements and other correspondence. Patients also can sign up for payment plans and set up one-time and recurring payments using ACH, credit and debit cards, PayPal and more.
About Nordis Technologies
Nordis Technologies is a leader in cloud-based, omnichannel customer communications management technology, integrated with digital delivery, print and mail services and payment solutions. Companies trust Nordis to drive digital transformation and improve customer experience and financial performance with Expresso®, its patented CCM platform that delivers complete control and agility for creating, managing and distributing critical digital and print communications. Nordis operates state-of-the-art digital and print production facilities in Las Vegas, Nevada and Coral Springs, Florida.
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing over 9.7 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com/us.
