Simplee Wins Fierce Innovation Award for Healthcare
Simplee Platform for Patient Financial Care recognized for proven growth in patient satisfaction and system financial performance
Palo Alto, Calif. – Aug. 29, 2017 – Simplee® has been named a two-time award winner by Fierce Innovation Awards: Healthcare Edition in its Financial Operations Solutions category. The Simplee Platform for Patient Financial Care was recognized as an innovative technology platform for healthcare systems to improve care by closing gaps in the patient financial journey.
Hospitals partner with Simplee to improve every patient interaction with bills and payments from pre-service visitors to discharged patients by empowering consumers for self service success combined with more effective exception handling by staff or agency. The Simplee solution is unique in its human centered design for revenue cycle wherein each interaction with a patient is matched to individual needs for engagement, transparency, and affordable ways to pay. Simplee personalizes each patient’s experience using machine learning and insights from its massive patient financial care data, including payment behavior and satisfaction surveys.
The Simplee Platform for Patient Financial Care is live with hundreds of hospitals and thousands of physician clinics that represent tens of millions of US patients and billions in payments. A recent study conducted by Forrester Consulting found that providers using Simplee realized a 2x improvement in patient satisfaction and a 505% return on investment with a three-month payback driven by improved net collections and reduced costs.
“Differentiation in healthcare is changing with value based care initiatives and rising consumerism. It is inspiring to see more and more hospital leaders look beyond traditional care excellence to solve non-clinical challenges such as the barriers patients face in their financial journey,” said John Adractas, Simplee’s Chief Growth Officer and Head of Innovation. “We are honored to be a two-time Fierce Innovation Award winner in our efforts to change how people pay for healthcare.”
To learn more about the Simplee Platform for Financial Care, please visit http://www.simplee.com/.
Simplee® is changing how people pay for healthcare. The Simplee Platform for Patient Financial Care is a Software-as-a-Service (SaaS) solution creating a modern billing and payments experience that allows healthcare providers to engage patients on their financial responsibility in a highly personalized way, matching needs to payment options beginning at preservice. The platform creates a best-in-class experience by combining award-winning design, agile innovation, machine learning on the first massive network of patients and providers for financial care. Simplee delivers proven growth in patient satisfaction and system financial performance with near immediate payback. Headquartered in Palo Alto, California, Simplee is founded and led by eCommerce veterans, and its investors include American Express Ventures, The Heritage Group, Social Capital, and 83 North. For more information on Simplee, visit simplee.com or follow @SimpleePay.
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