Payment Solutions Are The Game Changer
Payment solutions delivers payers, programs, insurance brokers and affinity groups new revenue, increased member retention and attracts new customers. Our technology has been described as a “game changer” by payers and programs who want to distinguish themselves in a competitive marketplace.
Payers leverage our technology to increase revenue and save substantial dollars. More than ever, payers need to ask, “how do we monetize our existing book of business?”
Competitive Health is the first company in the United States to facilitate provider payment solutions that increase market value for many insurance carriers and affinity programs. Our award winning payment solutions provide transparency for the patient and provider while generating increased revenue and savings for the payer.
Our proprietary “cash” platform increases consumer’s savings. High deductible and other insurance programs that require the patient to pay more out of their pocket need access to providers who are willing to discount their fees in exchange for payment at the time of service.
Competitive Health patents are licensed to some of the largest healthcare payment solutions providers in the country. The U.S. Patent and Trademark Office granted a portfolio of important patents for our breakthrough technology used in healthcare transactions. Our patents (U.S. Patent 7,346,522, titled “Medical Payment System,” U.S. Patent 8,019,627 and U.S. Patent 8,527,298) support a software platform that enables real-time, personalized, self-service access to healthcare transaction data – from the physician’s office, hospital, payer or patient’s home.
Engaging the consumer is the number one objective in today’s healthcare marketplace. Programs that use creative health care payment programs can increase member loyalty and retention. Competitive Health is uniquely equipped to help programs design consumer engagement programs with a wide range of solutions including everything from wellness incentive cards, virtual cards, and claimant cards.