MedCo Services and HealthQRS Announce Strategic Partnership Allowing Healthcare Providers to Offer a Consumer Experience to Patients.
Chicago, IL- MedCo Services, Inc., a leader in Revenue Cycle Management, announced today at Becker's Hospital Review 5th Annual Health IT + Revenue Cycle Conference its strategic partnership with HealthQRS.
HealthQRS’ founders were the former founders of nTelagent, the first holistic retail application for point-of-service healthcare. HealthQRS was founded to create a retail healthcare platform that addresses the needs of all stakeholders in healthcare: consumers, providers, payers as well as government. HealthQRS’ retail platform allows for an “Amazon-like” shopping experience for consumers.
As part of the partnership, MedCo will provide sales and marketing as well as customer service and helpdesk support. The partnership will combine two highly proven revenue cycle companies intending to provide both providers and patients cutting edge technology and world class support. “Since day one we have been an IT-centric company. A couple of years ago we recognized the need to be more consumer-focused as the healthcare industry transitions. “We began looking for an IT solution that could complement our existing Pre-Services service line offerings. HealthQRS does that and so much more. We are excited to partner with HeatlhQRS and this industry changing product,” says Joe Uptain, president and CEO of MedCo.
The HealthQRS solution offers an entire online retail experience with one, easy-to-use platform. In fact, HealthQRS developed the only complete e-commerce platform for healthcare on the market. Consumers use a HealthQRS app to schedule their own appointments from their smart phones and can see actual out-of-pocket expenses before they schedule. The platform has many other modules, including scheduling, pre-registration, eligibility, verification, price estimation, charity, check-in, referral management, patient tracking and more.
“In today’s healthcare environment, providers are being mandated to provide pricing transparency and operate on smaller margins than ever before. Patients on the other hand, are being forced to become consumers of healthcare due to high insurance plan deductibles. The HealthQRS platform allows providers to operate more efficiently while providing an Amazon-type experience for the patient. Our goal is a win-win for all parties,” says Earl Winter, President of HealthQRS.
Headquartered in Huntsville, AL, MedCo has over 25 years of experience providing world-class customer service and higher than standard performance in the healthcare revenue space. MedCo is a technology based RCM company with particular areas of expertise in Patient Access, Early Out, Bad Debt, AR improvement and Lost Revenue recovery. The company boasts many long term clients as proof of performance in the industry.
HealthQRS was founded to provide a retail platform to address consumerism in healthcare that includes patient payment, navigation and engagement. The platform ensures pricing transparency for patients and helps service providers collect the patient’s financial responsibility in a consumer-friendly fashion which increases revenue and cash flow while reducing bad debt. HealthQRS provides a scalable and customizable cloud-based platform that seamlessly integrates into retail patient processes and systems. The solution is so much more than revenue-cycle management. HealthQRS can be used as a marketing tool for providers because no one else is offering a full-scale retail experience for consumers in healthcare. HealthQRS makes the entire retail process of healthcare easy for all stakeholders such as consumers, employers, employees and payers.
For more information visit www.medcoservices.com and www.healthqrs.com
To register for an upcoming HealthQRS webinar visit
https://register.gotowebinar.com/rt/3649897419894614797 or call 1-844-528-4338.