Provider Solutions A Next Generation Destination Gateway for Healthcare and Financial Transactions in One Changes in government regulations, technology and increasing consumer responsibility for medical costs are breaking down the boundaries between the healthcare and financial services industries. Without new approaches to integrating and streamlining the payment system, the emerging consumer-centric model of healthcare is likely to drive up administrative costs, increase transaction friction, and increase patient bad debt and collection efforts for healthcare providers. The consumers need for information at the point of care and the providers' need for payment at the time services are rendered requires a simplified, intelligent, and more efficient operating system. Point of Sale Solutions Stemming from these needs, TriHealix has developed point of sale (POS) software which integrates payment card services enabling credit/debit card acceptance and HIPAA transaction processing into an easy experience for healthcare providers, including physicians, hospitals, pharmacies, dentists and vision providers. TriHealix serves as a destination gateway, providing a common entry point for both claims submission and financial authorization requests from either a card swipe or a claim. Leveraging existing processes, provider claims are routed to the appropriate parties with no disruption to normal workflows. The TriHealix solution supports healthcare transactions such as eligibility, electronic claim submission and claim status, and supports the eligibility swipe cards of several national health plans in the market today. The TriHealix solution also supports financial transactions from multiple payment Associations. The POS software can be deployed through a Web-based portal, a combined healthcare transaction and virtual terminal-based payment acceptance; or a Merchant Virtual Terminal, computer based credit/debit card acceptance that is offered stand alone and as an integration component for Practice Management Systems. No complex integration is required. Providing access to multiple sources of consumer and payor funds at the point of care, the TriHealix POS software creates a more efficient settlement process that maximizes reimbursement and reduces administrative costs. Claims are adjudicated and then collected in one transaction rather than in the two or more it takes today. From a single claim submission, providers are returned a single, consolidated payment from both payor and consumer for services rendered. As a result, providers receive an integrated statement detailing the sources of funds for all transactions for quick and easy reconciliation. A Cost-Effective Approach TriHealix realizes the expense to providers in accepting payment cards - traditional credit/debit as well as healthcare debit cards. The transaction fees associated with these cards can be significant. That's why TriHealix is working to bring low costs solutions to providers that include traditional card service vendors like VISA®, MasterCard®, American Express® and Discover®. The TriHealix POS software is competitively priced, cost-effective, easy to use, and is more integrated than other solutions in the market today. Regardless of the method of deployment, providers connecting to the TriHealix Platform will gain significant billing efficiencies resulting in reduced transaction costs, reduced bad debt, and improved revenue cycle management. Contact TriHealix today to learn more about our Merchant Services. © 2008 TriHealix, Inc. All Rights Reserved. | Terms of Use | Privacy Policy