Leadership:
Rajesh Voddiraju, Group President
Headquarters:
Oak Brook, Ill.
QED Investment:
2018
QED Champions:
Health iPASS is redefining the patient revenue cycle by improving the healthcare consumer experience from appointment to payment. The solution has enabled double digit increases in operating income for providers in a true pay-for-performance approach.Health iPASS helps providers promote price transparency, build trust, and increase their operating income by simplifying the check-in process and streamlining both time-of-service and residual balance patient payments through an innovative, multi-channel software solution.Our patient friendly system supports 850+ payers, 90+ practice management systems and is payment processor-agnostic. Many providers have realized 90-95% patient net collection rates, slashed denials by over 50%, and have significantly reduced cost and time to collect.
The Health iPASS revenue cycle price transparency and patient collections model is predicated on patient payment collection simplification and their unique, value-added differentiators position them for strong growth and a rapid expansion of their footprint across medical practices in a variety of specialties. We are proud to support their rapid growth trajectory and share their optimism and enthusiasm to redefine this segment of health care through an innovative, intelligent revenue cycle solution that has already provided a strong return on investment for their current clients.
Matt Risley