Noteworthy Medical Systems has launched NetPay, a web-based application that integrates with NetPracticePM, to enable physicians collect all patient payments at the point of service when patients are still in the office.
Powered by mPay Gateway, NetPay electronically collects deductibles, out-of-pocket patient payments and co-pays before the patient leaves the office. The software captures patient payment authorization at the point of service for automatic and immediate collection of patient balances, upon receipt of a remittance advice from the patient’s insurance, said the company.
John Wallace, Senior Vice President, mPay Gateway, said: NetPay speeds the patient payment and collection process—saving practices time and money—by actually preventing the overdue and uncollectible patient accounts that are so costly. We have seen practices cut their patient payment receivables in half using the mPay Gateway product.