SOURCE: Simplee

Simplee

June 23, 2015 14:50 ET

Simplee Launches First Financial Engagement Platform for Hospitals and Healthcare Providers

Consumer Friendly Experience From Estimates to Financing

ORLANDO, FL--(Marketwired - Jun 23, 2015) - Speaking from HFMA's 2015 National Institute, Simplee®, the healthcare technology leader in patient payment and engagement, today introduced the industry's first complete suite of patient-centered revenue cycle tools. The company also announced that Pennsylvania-based Lancaster General Health is a design partner for Simplee®Estimate.

Building on its award-winning Simplee®PAY product, Simplee Financial Engagement Platform™ uses integrated payments and engagement technology to deliver providers a modern, patient financial experience from estimation to billing to self-directed financing. This system delivers increased collections, lower cost per payment and happier patients.

"We are investing in our patients' financial experience from start to finish. With a history of innovation, we are excited to work with a technology partner like Simplee focused on better engaging our patients and delivering consumer friendly estimates," said Corey Meyer, Director of Patient Access and Virtual Health at Lancaster General Health.

Simplee Patient Financial Engagement Platform consists of three modules:

  • Simplee®ESTIMATE: Cost estimation designed for consumers and provider differentiation. Guest quotes expand patient engagement. Transparency and education set expectations early and build trust.
  • Simplee®PAY: Integrated billing and payments so patients understand what they owe and why. Coordinated, adaptive communication across devices creates happier patients and more collections, sooner.
  • Simplee®CREDIT: Consumer friendly financing options that increase convenience and access for patients and providers.

"Rising financial responsibility and the looming retail battle for patient share are making the patient's financial experience a key differentiator in healthcare," said Simplee CEO and co-founder Tomer Shoval. "The expanded Simplee revenue cycle suite builds on our proven Simplee®PAY platform to encompass the entire patient financial experience in a way that improves the bottom line and earns patient loyalty for providers."

Simplee is currently in use by more than 230 leading healthcare systems around the country. Hospitals and physician groups using Simplee rapidly exceed industry norms with an average 40% of patients paying online, decreased cost per payment of 20% and over 80% of patients recommending their provider due to the Simplee payment experience.

Simplee Chief Revenue Officer Randy Weber will present the Simplee Financial Engagement Platform on Tuesday, June 23rd at 2:15pm at HFMA 2015 ANI in a session entitled: "The Patient Financial Experience: A Link to Satisfaction, Payment and More."

To learn more about Simplee and its Financial Engagement Platform for healthcare, please visit simplee.com.

About Simplee

Simplee® is transforming the patient financial experience. Headquartered in Palo Alto, Calif., Simplee offers healthcare a complete financial experience suite that patients love. We are reimagining the patient revenue cycle with award winning (Fierce Healthcare, Webby, and more), cloud technology designed to integrate engagement and payment. For more information on Simplee, visit www.simplee.com.

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