Brightree Patient Collections Named Best New Technology Solution for Healthcare Payment
MedTech Breakthrough annual awards program recognizes outstanding health and medical technology products and companies
ATLANTA – May 6, 2021 – Brightree® today announced its Brightree Patient Collections (BPC) solution has been selected as the winner of the “Best New Technology Solution for Healthcare Payment” award in the fifth annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global health and medical technology market.
BPC is an all-in-one, complete billing solution designed to address the most common challenges in home medical equipment (HME) patient collections. Brightree Patient Collections helps providers resolve payment issues through a variety of payment modules and offerings before accounts are turned over to third-party collections, focusing on collecting the cash providers are owed so they can redirect resources back into the business and patient care.
Using interactive voice response (IVR) technology, Brightree Inbound Payment is a new calling service within BPC designed to help providers collect payment with ease. Featuring a simple setup, Brightree Inbound Payment uses either a toll-free or local phone number to correspond with each provider’s area code and allows patients to easily provide payments using the IVR system. A truly automated solution, it allows providers to receive payment while reallocating resources away from time spent on the phone.
“BPC helps providers get paid faster and go one step further to develop an upfront policy for getting paid, ultimately improving efficiency and allowing staff to concentrate on higher payoff activities,” said Matt Mellott, President and CEO at Brightree. “We are proud to receive this 2021 MedTech Breakthrough Award and look forward to continued success and momentum as we continue to simplify the business of out-of-hospital care.”
The mission of the MedTech Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of health and medical technology categories. This year’s program attracted more than 3,850 nominations from over 17 different countries throughout the world.
“Brightree identified the most common challenges in HME patient collections and built a breakthrough solution with an impressive range of options and integrations that serve as an all-in-one solution complete with automation, best business practices, and a knowledgeable billing and collections team,” said James Johnson, managing director, MedTech Breakthrough. “We congratulate Brightree on its success and are pleased to present the company with our ‘Best New Technology Solution for Healthcare Payments’ award. We look forward to continued innovation from the Brightree team in the years to come.”
Brightree Patient Collections’ suite of solutions range from traditional billing of patient statements to automatic solutions such as AutoPAY, which allows patients to save cards on file with their providers. Other workflow options, such as a bill pay site with payment options and reminder calls within the workflow, offer patients numerous payment methods without requiring additional staff interaction. By bringing flexible, efficient and streamlined solutions to the market, Brightree enables its provider customers to customize what works best for their business goals and needs so they can collect more and maintain patient loyalty.
For more information on Brightree Patient Collections, visit www.brightree.com/bpc.
About Brightree Brightree enables out-of-hospital care organizations to improve their business performance and deliver better health outcomes. As an industry-leading cloud-based healthcare IT company, Brightree provides solutions and services for thousands of organizations in home medical equipment and pharmacy, home health, hospice and home infusion. Brightree is a wholly owned subsidiary of ResMed (NYSE: RMD, ASX: RMD). To learn more, visit www.brightree.com and follow @Brightree on Twitter.
About MedTech Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the MedTech Breakthrough Awards program is an independent program devoted to honoring excellence in medical and health related technology companies, products, services and people. The MedTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough health and medical companies and products in categories that include Patient Engagement, mHealth, Health & Fitness, Clinical Administration, Healthcare IoT, Medical Data, Healthcare Cybersecurity and more. For more information visit MedTechBreakthrough.com.
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