Medical Transcription Billing Corp., a provider of cloud-based healthcare IT and revenue cycle management solutions, has rolled out a new hospital receivables management solution.
Here are three things to know about the solution.
1. MTBC said its new hospital solution aims to help hospitals address two key challenges — aged insurance accounts receivable and patient balances.
2. The patient balance solution offers the following:
- Real-time eligibility and deductible details
- Secure E-statements and web-based patient payment portal
- Automated balance reminder calls
- Advanced business intelligence and analytics
- Professional 24/7 patient telephone support
3. The new service is being launched in conjunction with MTBC's recent acquisition of a New Jersey-based hospital receivables management company.
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