Problem
TPAs have a tough job. Processing claims and paying providers can become inefficient and expensive
Solution
hPay simplifies claims adjudication and payment processing at virtually no cost to TPA
hPay is CXC Solutions' Innovative Pay-the-Provider solution. We have partnered with industry leaders such as MasterCard and WEX amongst others to create an ecosystem that will result in a win-win for all.
The opportunity can be substantiated by improving patient collections (18-30%), reducing AR days (20-30%), reducing RCM costs (40-50%), providing better customer satisfaction and experience. This will definitely result in low bad debt (50+%), better provider rates / network for carriers and lower premiums for patients.
hPay is quick and easy to implement, low risk and low cost, minimal changes to existing processes.