Business Fintech News

Medxoom Releases Universal Engagement and Payments Platform for Healthcare Payers

Medxoom Releases Universal Engagement and Payments Platform for Healthcare Payers

Medxoom, the Atlanta-based B2B Health Benefits Platform, announced the release of a comprehensive Payments suite for Healthcare Payers and Plan Administrators.

Read More: GlobalFintechSeries Interview with Chuck Klein, Chief Executive Officer & Founder at IMM

“We’re driving measurable savings for all players in Healthcare.”

Medxoom’s Payments platform closes the gap between Healthcare Plan Members and Providers. Medxoom licenses its brandable platform to Healthcare Plans and Benefit Administrators, offering a unified member engagement experience, tying all plan components and payments into a single unified experience.

Read More: Alithya Launches AI-FI Trade Surveillance Solution Powered by Microsoft Azure

“Healthcare Plan-to-Provider Payments have been a fragmented, asynchronous patchwork of processes that include eligibility determination, pre-authorization, claims adjudication, slow and costly remittances, and finally billing patients for net due amounts for decades,” says Jeff Toewe, Medxoom CEO. “Legacy healthcare payments processors are just getting around to ACH vs. paper checks now. Yet the fundamental disconnect between Plan, Member and Provider still persists. Medxoom closes this gap; we engage Healthcare Plan Members directly, in real-time, enabling them to discover Healthcare services, offering a clear picture of their price and payment options for these services.”

Read More: GIACT Donates Identity and Account Verification Services to the Brave of Heart Fund, Supporting Families of Frontline Healthcare Workers and Volunteers

Related posts

Elements Global Services Doubles Revenue and Customer Growth in 2021, Supported By the Launch Of Two Cloud-Based Solutions

Fintech News Desk

Lirunex Aims to Create a Reliable Investor Market by Putting Users First

PR Newswire

Qorus and Accenture 2022 Banking Innovation Awards Now Open for Applications

Fintech News Desk
1