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

Veem Expands US Product Offering to Simplify Domestic Business Payments

Fintech News Desk

Top Payment Gateway Apps and How They Affect Fintech Integrations

Fintech News Desk

Lendistry Champions Progressive Financing for New York’s Underserved Small Businesses

Fintech News Desk
1