Mount Nittany Health partners with VisitPay to deliver
BOISE, Idaho, June 22, 2021 (GLOBE NEWSWIRE) – VisitPay, the leader in patient financial engagement, today announced a partnership with Pennsylvania-based Mount Nittany Health. VisitPay’s digital payment platform will enhance the patient experience at Mount Nittany Health by providing patients with a simple solution to manage their medical bills through the payment channel of their choice. VisitPay offers healthcare system patients a variety of features to accommodate the flexibility they need in medical billing, including paper statements, consolidated bills for families, benefit explanations, and resources to help. patients to clearly understand their bills.
Mount Nittany Health undertook a rigorous verification process, comparing several major players in the patient financial engagement space, before carefully selecting VisitPay as a partner. After evaluating the Net Promoter Scores, ROI and flexibility of several providers, the healthcare system determined that VisitPay was the best solution for their patients’ needs.
“We wanted the best-in-class solution to complement our Meditech billing platform,” said Bryan Roach, CFO of Mount Nittany Health. “After performing an in-depth ROI analysis and comparing the results to existing VisitPay implementations, we are excited to partner with VisitPay to take our patients’ financial experience to the next level. “
Patient engagement on the VisitPay platform via mobile devices increased to 50% in 2020, down from just 20% in 20161– a sign that patients are looking for more ways to manage their medical bills on digital channels. However, in order to meet each individual’s payment preferences, VisitPay’s platform creates a world-class financial experience across multiple consumer channels including mobile, online, phone, and mail.
The industry-wide need for flexible and compassionate medical billing has never been greater, and providers have an obligation to extend these services to their patients. VisitPay now occupies 10% of the nonprofit hospital market and has been named a leader in establishing a patient-centric healthcare billing experience by KLAS.
“The VisitPay platform was designed for healthcare systems to manage the end-to-end patient financial experience in a turnkey fashion,” said Kent Ivanoff, Co-Founder and CEO of VisitPay. “I am proud that Mount Nittany Health has entrusted us with its partnership and I am confident in our ability to provide the flexibility and support their patients need.
Founded in 2010, VisitPay is the leader in financial patient engagement. The company’s third-generation cloud platform is used by the nation’s largest and most innovative healthcare systems to provide transparency, choice and control to patients who manage healthcare payments and transactions. Through VisitPay, patients can access comprehensive accounting of their financial obligations, as well as essential health plan and healthcare information, through a portal branded with the healthcare system. VisitPay’s proprietary analytics tailor consistent, fully compliant financing options that meet the unique needs of patients and their families, creating a streamlined billing experience that results in both higher payment rates and patient satisfaction scores improved. VisitPay investors include Norwest Venture Partners, Flare Capital Partners and Ascension Ventures. For more information on VisitPay, visit www.visitpay.com. follow us on Twitter and LinkedIn. Visit our Corporate Blog to access case studies, thought leadership and news.
About Mount Nittany Health
Mount Nittany Health, a health system located in State College, Pa., Consists of the Mount Nittany Medical Center, a 260-bed acute care facility, and the Mount Nittany Physician Group, a team of more than 170 providers who provide primary and specialty care services at a growing number of offices throughout central Pennsylvania. In addition to providing high quality care, Mount Nittany Health strives to improve the health and well-being of its community through education programs, events and medical exams. Visit mountnittany.org to learn more about Mount Nittany Health’s mission to improve people’s health.
RP Highwire for VisitPay
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1 VisitPay 2021 Report