Liquid Payments Supports Telehealth Providers in Managing Dramatic Increase in Patients Due to Coronavirus Pandemic

PRNewswireMarch 17, 20204 min

In the wake of the Senate passing an $8.3 billion bill to combat the coronavirus, with $500 million slotted for driving an emergency telehealth program for virtual care, Liquid Payments, Inc., is stepping up to let telehealth providers know there is a way to efficiently manage payments for the sudden and urgent increase in telecare patients.

Liquid Payments is an innovator in the healthcare payments space and offers a modernized, feature-rich mobile platform for improved patient-to-provider payments processing. Designed for healthcare providers, urgent care clinics, and hospitals, the Liquid Payments solution enables faster and easier collection of patient payments, to include “TeleCharge,” an instant mobile payment option initiated at the time of a remote encounter. Fintech News

Given the coronavirus pandemic and its rapid spreading through human respiratory droplets, Congress and the CDC are now urging patients and providers to use telehealth as an alternative method to onsite physician visits. Through Liquid’s TeleCharge option, providers and patients can more easily opt for virtual visits and focus on patient care. “Our ‘TeleCharge’ feature can be invoked immediately, on the fly, with one click of a button, taking all the friction and uncertainty out of the payment process. We’re glad to be in a position to support the public health interest and play a small role in containing the outbreak,” Shashi Kapur, CEO, Liquid Payments, says. “We bring solutions to market with simplicity and transparency in mind, supporting both patients and healthcare providers. We like to say that our technology connects providers and patients for a better payment experience.”

Liquid Payments specializes in helping healthcare providers take greater control over patient payments by improving services and lowering costs. The Liquid PCI and HIPAA compliant payment-card capture, along with SMS technology, allows healthcare providers to auto-charge patient balances owed, set up automatic recurring payment plans, send payment links to collect balances due, and more. Patients enjoy simple, convenient payment options and better communication.

By digitalizing payments, Liquid Payments also provides efficiencies in remittance to providers, resulting in increased revenue, improved cash flow, reduced costs, as well as decreased write-offs.

PRNewswire

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