Healthcare Claims Payment System

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VPay specializes in epayment solutions for healthcare
We’ve patented a claim payment process that offers electronic alternatives to checks and is easily tailored to meet your unique needs.

solutions for third party administrators

solutions for health plans

Revenue share + positive savings = more revenue share.

What really matters is the epayment acceptance rate, your cost to administer and the costs we eliminate. Revenue share means a lot, but it’s only part of a larger ROI equation. Consider:

Cost to administer

Our total payment solution delivers more of your payments electronically—including virtual card payments—and our call center handles provider calls.

Costs we eliminate

VPay’s claim payment processing solution eliminates printed checks and their mailing costs, significantly reduce banking and treasury fees, and provide efficiencies that save you time and money. All from a secure, single system of record.

Influence to adopt

Our unique 1:1 payment preferencing maximizes electronic adoption and delivers payments the way Providers want them – whether that’s a virtual card, ACH or check. Our call center provides “one call resolution” for Providers helping them choose the method of payment that best meets their needs.

With VPay, you get B2B payment solutions that offer more ways to realize an ROI.

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“Switching to VPay helped our bottom line in multiple ways.  Along with greater revenue share, we realized streamlined efficiency with a dramatic reduction in reconciliation time, in addition to reduced print mail costs.  We have not looked back since our successful implementation.”

Chris Barto – Chief Financial Officer, The Loomis Company

Simplifies Reconciliation

Our total payment solution replaces cumbersome, manual payment tracking with real-time access to payment status and history from a secure, single system of record where all financial, claims and delivery data are stored. We tailor our solution to meet your needs, with alerts and business rules configurable to your requirements.

Seamless Implementation and Integration

Our team of implementation specialists work tirelessly for a smooth integration utilizing your existing technology and processes. And a responsive and dedicated account management team ensures your ongoing processing needs are met.

Reduces Costs

Paper-based payments are 10 times more expensive than electronic payments. VPay’s healthcare claim payment processing solution eliminates check processing and mailing costs on Day 1. Our unique 1:1 payment preferencing boosts electronic adoption by up to 45%, maximizing your financial return.

Focused on Service

VPay has an award-winning dedicated, in-house call center focused solely on supporting your payment process. Our agents are specifically trained and empowered to address your providers’ issues promptly, intelligently and correctly.


Security and Compliance You Can Trust

You can rest easy knowing that security and compliance are always top of mind for us. VPay meets federal and state requirements for electronic payments. And our solution is HIPAA and NACHA compliant.

 
 

Related Resources

Brochure

Get more details on how to simplify electronic payment workflows with VPay's best-in-class TPA claims processing solution.

DOWNLOAD THE BROCHURE ->

Case Study

Learn how Corporate Benefits Service has cut costs by more than $168,000 annually in addition to realizing revenue share on processed claims.

READ THE CASE STUDY ->

Find out how the VPay total payment solution can make a difference for you Contact us ->
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Putting the Network First

Your partner relationships with hospitals and doctors and your commitment to them are paramount. And, you only want to work with vendors who understand the value of those relationships to your business.

At VPay, we get it. We partner with our customers to put our patented technology and healthcare payment process to work to help them achieve their goals. And we can help you, too.

Delivering Preferred Payments

Eliminate the pain and cost associated with the healthcare claim payment process while delivering up to 45% of your payments electronically. Unlike our competitors, we process all of your payments in-house through a single system of record, regardless of payment type. And our network of more than 900,000 providers ensures they are paid according to their preferences, whether it is by virtual card, ACH, or check.

“Switching to VPay helped our bottom line in multiple ways.  Along with greater revenue share, we realized streamlined efficiency with a dramatic reduction in reconciliation time, in addition to reduced print mail costs.  We have not looked back since our successful implementation.”

Chris Barto – Chief Financial Officer, The Loomis Company

Simplified Reconciliation

Our solution replaces cumbersome, manual check tracking with real-time access to payment status and history. And we offer alerts and business rules configurable to your requirements. It’s the reconciliation process you’ve been waiting for.

Seamless Implementation and Integration

Our team of implementation specialists work tirelessly for a smooth integration utilizing your existing technology and processes. And a responsive and dedicated account management team ensures your ongoing processing needs are met.

Faster Payments = Happy Providers

Paper-based payments are 10 times more expensive than electronic payments. Check-based claim payment can take up to 10 days to arrive. With VPay, preferred payments are received within one day of receipt of the payment file for virtual cards and within three to five days with automated clearinghouse (ACH) payment. And our healthcare claim payment processing solution eliminates check processing and mailing costs on Day 1.

Focused on Service

VPay has an award-winning dedicated, in-house call center focused solely on supporting your payment process. Our agents are specifically trained and empowered to address your providers’ issues promptly, intelligently and correctly.

Security and Compliance You Can Trust

You can rest easy knowing that security and compliance are always top of mind for us. VPay meets federal and state requirements for electronic payments. And our solution is HIPAA and NACHA compliant.

 
 

Related Resources

Brochure

VPay's patented technology and platform enables you to stop mailing checks on Day One. Find out more by downloading our Health Plan Brochure.

DOWNLOAD THE BROCHURE ->

Find out how the VPay total payment solution can make a difference for you Contact us ->