When Payments Flow Smoothly, Everyone Wins
Optimized payments set the standard for healthcare payers seeking efficiency, security, and measurable savings. Our approach streamlines every step of the provider, business, and claimant payment processes, maximizing electronic adoption, eliminating manual work, and ensuring compliance across all payment types. With the industry’s largest provider network and a full suite of digital payment options, you can reduce costs, accelerate cash flow, and deliver a seamless experience for both payers and providers.
Maximize Electronic Payment Adoption
Achieve industry-leading electronic payment penetration up to 85% and beyond by offering providers and businesses secure, convenient payment methods such as ACH, enhanced ACH, virtual card, digital check, and paper check. Claimants are offered real-time payment choices like Zelle or Venmo, in addition to ACH, Direct to Debit, digital check, and paper check. Optimized payments mean faster, more reliable transactions and higher payee satisfaction, all while reducing paper and postage costs.
Eliminate Cost and Complexity
Optimized payments removes the friction from payment processing. Automate W9 and 1099 administration, eliminate the risk of compliance fines, and benefit from a single flat rate for all transactions, including postage. Web-based portals allow payees to make selections and changes to payment choice supported by a contact center managed by MedRisk. All of this helps you create a significant annual savings and a dramatic reduction in administrative burden.
Seamless Integration & Rapid Implementation
Our optimized payments solution fits into your existing bill review and claims workflows, minimizing IT requirements and accelerating your time to value. Most clients are live in 90–120 days, with our team managing implementation from start to finish. Payees enjoy no-fee portal access, and payers benefit from real-time reporting, robust compliance, and a platform built for scale and security.
MedRisk Benefits
Over 85% electronic payment adoption, far above industry averages
Single, compliant platform for all payment types and reconciliation
Automated 1099 and W9 processing, no fines, no hassle
