Jun 24 2017
CarePayment and DCS Global have established a strategic partnership that combines the strength of DCS Global's revenue cycle solutions with CarePayment's innovative patient financing program. Together, the companies offer hospitals the ability to enhance their patients' experience and satisfaction, improve operational efficiencies, and maximize collections.
CarePayment works with providers across the healthcare industry to offer patients a 0.00% APR payment program that allows them to pay their bills over time, significantly reducing the financial burden that so often comes with medical care. CarePayment's unique, co-branded program enables patients to have the payment options they need when they need them.
DCS Global provides software and solutions to help hospitals improve their revenue cycle processes. Its comprehensive iPAS (Integrated Patient Access Solutions) platform is designed to financially clear patients early in the revenue cycle by increasing the quality of registrations, maximizing point of service payments, and employing cloud-based technology to facilitate electronic collaboration between the patient, provider, hospital, and payer.
"DCS Global and CarePayment share a vision to provide innovative solutions to the most pressing problems for providers," said Manoj Chhabra, CEO of DCS Global. "We both are committed to helping healthcare providers better serve their patients, improve their operations, and strengthen their financial performance. Together, our solutions can help hospitals of any size seamlessly move a patient through the hospital revenue cycle while ensuring maximum payment to the provider. Our hospital partners expect us to bring them the most complete set of solutions to their revenue cycle challenges, and this partnership with CarePayment will provide just that."
"The missions of CarePayment and DCS Global are perfectly aligned," said Ed Caldwell, Chief Revenue Officer of CarePayment. "We have the ability to help both patients and providers across the country better cope with the challenges associated with rising healthcare costs. For patients, we can take away some of the burden and stress of paying healthcare bills. For providers, we can help ensure that they are improving their net collections and able to invest their resources where it matters most - in providing quality care."