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Novera Payment Solutions

Accelerate Patient Payments & Reduce Bad Debt

Posted by sandy Waggett on Fri, Nov 29 2013 @ 11:25 AM

Patient Responsibility Calculation with a Payment Collection System from Novera Payment Solutions

It’s called the Revenue Maximizer

Specifically Designed for Healthcare Providers

The Revenue Maximizer payment gateway is a real-time patient responsibility calculation and payment processing system, estimating at the point-of-care what the patient owes. As a web-based system, the Revenue Maximizer uses your current computer hardware and Internet connection (with a small card reader that plugs into the computer’s USB port).

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Patient Responsibility Calculator

At the heart of the Revenue Maximizer is the innovative Patient Responsibility Calculator.

 

The Patient Responsibility Calculator delivers the following features:

  • Web-based, real-time health plan eligibility verification at the point-of-care
  • Determines in minutes what the patient owes, rather than days
  • Shows remaining deductibles, co-pays and coinsurance
  • Calculates patient charges against contracted rates with national and regional payors
  • Produces a patient-friendly estimate of the patient responsibility
  • Integrates with Novera Payment Processing System to enable the collection of patient out-of-pocket costs

Benefits for Providers

  • Improves cash flow and decreases receivables
  • Allows upfront patient collections
  • Facilitates payment of the growing patient liability
  • Reduces patient bad debt
  • Integrates with existing workflows
  • Minimizes calls from patients and to payors, questioning payment outcomes, benefits and eligibility

Benefits for Patients

  • Reduces confusion and uncertainty about balance owed
  • Lets patient know out-of-pocket costs at time of service when payment options can be discussed
  • Increases level of satisfaction with provider

Competitively Priced, Easy-to-Use
The Revenue Maximizer is competitively priced, and requires no application fees. It is as easy to use as email with minimal setup. And because it is Web-based, the Revenue Maximizer reduces the need for point-of-sale terminals and costly, dedicated phone lines.

Contact Novera Payment Solutions for a no obligation savings analysis of your current payment processing system.

 Request a Savings Analysis

 

Novera Payment Solutions is an Atlanta based Member Service Provider (MSP) of WorldPay: the third largest credit acquirer in the world. Novera is a registered ISO with Visa & Master
Card. Our Flat Fee Merchant Program combined delivers real value from what has traditionally been considered a tax on payment acceptance at the Point Of Care for Health Care Providers.

Tags: accept credit cards, flat fee merchant account, accept online credit cards, flat fee credit card processing, medical payment processing, medical practice credit cards, revenue maximizer