Image by Lance Anderson

We are a unique revenue cycle model that increases revenue, collection efficiency, and the overall patient experience.

PATIENT PAYMENTS - #1 REVENUE CYCLE CONCERN

  • Deductibles have increased 162% in the past ten years! On average, patients' out-of-pocket expenses have tripled in three years.

  • 69% of Americans have less than $1000 in savings and can’t afford an unexpected $500 expense.

  • 64% of the population avoid medical care due to the cost and 41% are paying off medical debt or have medical bill issues.

  • Nationally, providers are only collecting between 17 and 35 cents on the dollar of the patient's responsibility. 

  • 77% of patients do not pay in one month and 68% of hospital bills under $500 are not paid in full.

  • 72% of revenue cycle managers say debt collection and patient financial responsibility are their biggest concerns.

  • Patients receive over three billing statements before paying, at a cost of $7-$15 per statement.

THE PATIENT EXPERIENCE IS SUFFERING

  • While patients never forget receiving quality medical care, their last encounter with the provider is typically receiving an invoice.

 

  • 30% decrease in patient satisfaction occurs between discharge and billing.

 

  • 74% of patients are confused by bills and EOB’s and 65% consider changing providers for a better billing experience.

 

  • 71% want to pay their bills all in one place and 88% want customized payment plans.

THE ABLEPAY HEALTH SOLUTION

 

  • There is no recourse! Ablepay Health assumes all the financial risk for our members.​​

  • Acting as a secondary payer, we guarantee payment within 14 days of the claim being adjudicated by the insurance carrier.

  • Participating providers have experienced 88% revenue increases on patients who are AblePay members.

 

  • We have increased patient billing process satisfaction by 64% for our members.

 

  • We decrease your costs by eliminating paper statements and collection calls, allowing for better staff utilization.

 

  • There are no changes to your current internal processes and we are simply another tool to make things easier for you in completing the patient cycle.

  • AblePay bridges the gap between medical providers and the communities they serve.

READY TO LEARN MORE?

Discover how you can take advantage of all the benefits AblePay Health has to offer!

Image by Julian Hochgesang

I WOULD LIKE INFORMATION ON BECOMING A PARTICIPATING PROVIDER

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