Many Providers are faced with a dilemma: Many insurers and plans require that the practice make an attempt to collect the patient responsibility portion of the invoice to stay compliant with their agreement.
Unfortunately, many of those small balances are not worth the effort or cost to pursue. Study after study shows that for this very reason, one-third of all patient-owed small balances are written off.
With lower reimbursements from insurers and the increasing amount of patient-owed balances, it is imperative that all self-pay balances, large and small, get collected.
There is good news . . . with today’s technology your small balance account can be collected with little to no effort for as low as 46₵!
We have features and pricing plans to fit every need and every budget. We have plans starting as low as $19.95 per month. We even have the ability to custom design a hybrid pricing plan based on your volume. Please contact our sales team if you have any questions about pricing.
Absolutely not. RapidPay is an outbound telephone messaging engine. RapidPay will even let you schedule and customize your messages.
Absolutely. RapidPay uses the same encryption and privacy technology that credit card companies use to process electronic payments. Our secure servers maintain data for each of our customers separately, and RapidPay access is strictly controlled using secure ID and password systems.
No. RapidPay is accessible to you 24/7 from any device with an Internet connection. Just visit RapidPay Small Balance Solutions' website, www.rpsbs.com, and log in to your account. It’s that easy.
It’s simple. Log on to your account, locate the patient and click "Paid - Stop messages". The patient will receive a free thank you message for his or her payment the next day. The best part is all money is paid directly to you and there is no commission owed to anyone.
No, you can cancel, change your payment options or plan at any time by logging on to your account.