Receivable Solutions for Patient Self-Pay and Consumer Accounts
Consumers prefer online channels to settle their unpaid bills. Convenience, with 24/7 access to their accounts, combined with the comfort and embarrassment-saving anonymity that comes with using web-based, online collection tools, has wide appeal over other traditional collection methods like mail or phone calls.
GlobeFunder’s flagship receivable solution, IOUSOS™, is a revolutionary new online debt clearinghouse helping millions of consumers and their creditors struggling with rising bad debt on small balance bills. Increasing consumer debts put an unprecedented strain on the consumer and creditor. IOUSOS’™ web-based platform is the solution that provides users already familiar with online financial services with a better alternative to self-cure their small, unpaid debts.
In less than four minutes on IOUSOS™, consumers receive a discount on their bill and choose a bill repayment option they can afford, with no upfront fees and without the high-costs, hassle and intrusiveness traditionally associated with internal billing and collections.
IOUSOS™ for HEALTHCARE
GlobeFunder works with many healthcare providers to address rising patient accounts receivable. Using advanced analytics, IOUSOS™ has identified that many self-pay balances at healthcare providers are in fact accounts where the patient had the ability and financial capacity to pay their debts, but a number of unnecessary obstacles likely prevented more patients from paying their healthcare bills. Many caregivers are struggling to collect on patient accounts receivable given the rising volume of self-pay balances as a result of medical cost inflation and the rapid shift of cost-sharing responsibility for healthcare to consumers. Healthcare providers also may lack the resources in technology, operations and human capital to improve patient self-pay performance.
Please complete the registration form below to learn more how IOUSOS™ can help you address unpaid patient accounts receivable.