X
Skip to content

Gastroenterology 

Patient Payment Solution for Gastroenterology

We recognize that your gastroenterology patients require a wide range of care. Some may be coping with digestive problems, abdominal pain or colon issues. It is important that they feel supported and at ease from their first interaction until their last payment. Since stress can worsen gastroenterology conditions, reducing the stress associated with managing their payment journey allows them to stay focused on treatment, while reducing your team’s administrative load.

2

 

Millennia Patient Payment Solution for Gastroenterology

Patient financial responsibility for healthcare expenses is rising, while collection of patient revenue is declining. To help providers manage the patient side of the revenue cycle, Millennia has developed a unified, patient-centric solution.

Our Patient-Focused Technology and Services:

  • Help patients understand what they owe and offer multiple payment options
  • Give providers a user-friendly way to increase patient payments
  • Provide analytics and reporting on patient revenue cycle performance and results

Learn More About Our Solution

Right Image
  • Payment Protection

    Increase patient payments

  • Working

    Reduce administrative costs and burden

  • Group Users

    Deliver a positive patient financial experience

Improve Patient Experience for Increased Revenue With Millennia Patient Payment Solution

Millennia Patient Payment Solution manages patient payment processes for gastroenterology practices through a unified solution that increases patient collections by engaging patients and improving their patient journey. Our solution features digital tools customized to your needs. Upgrade your gastroenterology practice with Millennia.

Patient Engagement

The Millennia Patient Payment Solution improves patient engagement to increase revenue. We provide an excellent patient payment platform for gastroenterology practices with powerful tools for fostering quality patient interactions — from pre-visit to the final payment. Here is how Millennia helps improve patient engagement:

  • Simplified pre-payment: Millennia makes prepayment stress-free for both you and your patients by collecting payments based on your estimates using text messaging and our patient payment portal
  • Tailored service: Our solution features machine learning and artificial intelligence capabilities that enable a personalized approach for engaging with patients based on their payment preferences and past behaviors.
  • Seamless payment collection: With several payment options, patients can use their preferred method — from dynamic QR codes on statements to mobile payment options.
Patient Payments

Millennia’s integrated gastroenterology practice patient payment portal offers patients secure and flexible payment options that can be completed from their internet-enabled devices. Additionally, the digital interface adapts to any screen for increased user-friendliness. Offering the convenience of compliant and secure online billing through an easy-to-use portal reduces the cost of collecting payments while increasing collections to the bottom line.

  • Transparent billing: Patient statements break down all services, charges and payments clearly, so there’s no confusion about what patients owe or why. For any questions, patients can reach our concierge support service by phone or live chat for quick, helpful assistance.
  • Personalized QR code: Each digital and printed statement features a unique QR code directly linking to a secure payment page showing the patient’s current balance. Payments are fast and simple — no login or extra clicks to register so patients are more likely to pay.
  • Practice-specific support number: Every statement includes a dedicated phone number for your organization. Millennia’s patient concierge support specialists use this to access patient and practice details, offering seamless assistance.
Streamlined Revenue Cycle

While the priority is clinical care, effective billing methods and revenue cycle management are also critical components of a thriving gastroenterology practice. Strategic patient revenue cycle management for gastroenterology practices is essential for maintaining financial health.

  • Proactive billing practices: Millennia uses automation and personalization to engage patients and encourage full and timely payments. These features improve cash flow while reducing the costs involved in collection.
  • Targeted communication: Millennia utilizes engagement intelligence, a tool that uses state-of-the-art analytics and systems to create engagement strategies tailored to patient preferences. It therefore facilitates an increase in payment speed and collections, improving your revenue cycle.
  • Improved payments: With several payment options and enhanced patient experiences, our convenient patient payment platform for gastroenterology practices reduces outstanding balances and promotes faster payment. This results in a steady revenue cycle.

Millennia vs. Gastroenterology Early Out Services

In the past, patient payment outsourcing for gastroenterology, including early out services, was a way for providers and organizations to improve cash flow and reduce bad debt. But today’s patients expect more streamlined and efficient methods. The old approach doesn’t meet those expectations. It often relies on outdated tactics like repeated phone calls, which aren’t practical or effective.

Millennia is not an early out service provider but an integrated patient payment solution. It uses smart technology, data-driven engagement and live concierge support services to deliver better service and financial results.

Gastroenterology by the Numbers

Millennia Improves Patient Payment for Gastroenterology Practices Like Yours

  • 38% Increase in revenue with Millennia
  • 55% Patient revenue collection rate vs. 40% industry benchmark
  • 45% Patient revenue collected in the first 30 days compared to the 28% industry benchmark
  • 96% Patient satisfaction
  • 77% Patient payments are processed using technology

*Individual results may vary

See What We’ve Done for Others

READ ALL SUCCESS STORIES

With Millennia, St. Clair Hospital increased self-pay recovery to over 50% by offering patients more convenient ways to pay. The hospital also achieved 98% patient satisfaction and reduced wait times to under a minute.

Read the Story

CONTACT US TODAY

Learn how Millennia can benefit your patients & your practice

Millennia becomes a vital addition to your revenue cycle team, managing the entire patient payment experience from pre-visit to final payment based on your existing workflow. If you want a better experience for both your patients and staff, contact our team today to schedule a consultation.

Request a Consultation