HealthEdge and ECHO Health have partnered to simplify and streamline the end-to-end payment process through the integration of HealthEdge HealthRules Payer and the ECHO payments platform, benefitting health plans, driving electronic adoption, enhancing the provider experience, and accelerating time to value. Health plans can now leverage a single platform for all their payment and remittance activities and connect to a network of more than 1.6 million unique payees.
“This integration allows them to send payment information directly from HealthRules Payer to ECHO where they can manage all their payments and remittance delivery activities in one platform to streamline the payment process and enhance provider satisfaction.”
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HealthRules Payer claims adjudication system helps improve health plan financial performance, and empowers organizations with the agility to expand their product and service offerings seamlessly, ensuring scalability and adaptability in a rapidly evolving industry. Integrating the ECHO payments platform with HealthRules Payer creates a seamless process from claims adjudication through payment, resulting in a more efficient and faster experience for payers and their provider network. ECHO technology removes complexity and cost from every transaction and automates payment choice for payees.
“Today, our customers have to leverage multiple disparate systems and connections to pay providers,” said Alan Stein, Chief Product and Strategy Officer at HealthEdge. “This integration allows them to send payment information directly from HealthRules Payer to ECHO where they can manage all their payments and remittance delivery activities in one platform to streamline the payment process and enhance provider satisfaction.”
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The HealthEdge and ECHO partnership also drives digital adoption of both payment and remittance delivery. Providers can select from a broad range of digital payment and remittance options, including no-cost options, and set payment preferences, ensuring they get paid faster and mitigate security risks.
“Modernizing payments is key to lowering administrative costs and reducing provider network friction,” said Tom Davis, Chief Sales Officer at ECHO. “By embedding finance into the claims adjudication process, we are simplifying digital transformation for HealthEdge customers with our integration and partnership.”
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Together, HealthEdge and ECHO are committed to driving digital transformation in healthcare, delivering a more seamless, efficient financial experience for health plans and providers.
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Source: Businesswire
