The partnership will be happening in connection with REPAY company BillingTree, which works with omnichannel and integrated payments for the healthcare, credit union, ARM and energy industries.
The release says BillingTree’s programs, which include various payment channels and reporting capabilities, can help out with getting paid faster and more efficiently.
“We are excited to partner with CMC to continue its leadership in the healthcare services market,” said Susan Perlmutter, chief revenue officer of REPAY. “With 55 years of experience, CMC is the perfect ally in our efforts to accelerate digital payments in the healthcare industry.”
“With their impressive expertise in the ARM and healthcare industries and exemplary customer service, we are thrilled to cement our partnership with BillingTree,” said Joel McKiernan, CMC President.
REPAY also linked its offerings recently to insurance management software firm Virtual Benefits Administrator (VBA), which will allow insurance companies to pay healthcare providers, including licensed healthcare facilities, programs, agencies and doctors.
In addition, the integration will make it possible for benefits administrators to collect premiums and other out of pocket experiences that are paid by patients whose coverage they facilitate, which can help speed up claims. And with the integration, users will now be able to access information about payments, benefits and other such things through one portal.
“Several technologies and innovations have come to market, helping to streamline payment processes across the banking and financial industry,” REPAY Senior Vice President of B2B Darin Horrocks said in the release, PYMNTS writes. “Healthcare is in a unique position and primed to follow suit. Administrators, providers and insurers continue to seek new ways to facilitate electronic funding, integrate solutions and create a transparent, secure and seamless experience for all parties involved.”