Collect more with patient-focused financing and payment solutions
As patients now directly pay for a larger share of their healthcare services than they have in the past, they are demanding a better financial experience. With iVitaFi your organization can provide patients with an easy to understand and convenient collection process to meet their expectations. Patients have the tools to easily pay their medical bills through a self-service, personalized mobile platform; receive communication via text, email and voicemail; and three payment options to help them afford care – leading to improved collections and lower costs.
Better engage with patients about their medical bills by communicating via, text, email and voicemail
Patients can pay in full by credit or debit card, setup a short-term payment plan, or sign-up for a financing program
Patients can enroll at any time in a 0% line of credit – up to 36 months through a self-service, mobile platform
Overcome Staffing Challenges
Don’t let staff shortages impact the patient financial experience. Bring efficiency to your collection process by automating workflows, eliminating manual tasks, and delivering self-service, patient payment options.
Watch the video
Check out our recent video to learn how iVitaFi helps patients manage their out-of-pocket costs with non-recourse healthcare lending.
Who We Are
Improving Patient Wellness Through Financial Care
iVitaFi is dedicated to improving patient financial health and provider sustainability. We partner with healthcare organizations to execute patient payment strategies and patient medical financing programs to support a positive patient financial journey – leading to improved collections and lower costs.
What Clients Have To Say
“We couldn’t be happier with this program. Collections are up 5% in the first 3 months of starting the program. We have also reduced our A/R by 10% in the past 3 months.”
– VP RCM, Area Medical Center in the Midwest
“In looking for ways to improve patient collections, we decided the best solution is to offer a digital lending program with no interest or fees to the patient, with a 3-year term. Our patients love it and it relieves us from the burden of pursuing them to collect.”
– VP Patient Access, Regional Medical Center
“The whole process is online and easy for our team to get patients enrolled. Our patients liked that this made it easy to afford and pay their medical bills. We liked that we could settle the account immediately instead of months, or years, later.”
– CFO, Hospital in the South East
The Real Reason Patient Payments Go Uncollected: What Providers Need to Know
iVitaFi has just released its annual Patient and Provider Market Research results for 2021. The report, which is done in collaboration with Eliciting Insights, seeks to uncover the current financial situation for both hospitals and their patients.
Surprising to many hospitals, half of all patient respondents want to know their out-of-pocket expenses before they receive the service, and want the option of making payments prior to, or at the time of, service. Likewise 50% would like to be offered extended payment options, and doing so would improve their relationship with the hospital.
Deliver payment experiences that build loyalty.
Our goal is to help providers improve patient collections through patient financing and payment solutions. The resources in this section provide the latest insights from iVita Financial on topics such as non-recourse lending, healthcare loans, healthcare lines of credit, healthcare payment financing, patient payment trends and more.
Find out how you can collect more faster and increase patient loyalty
Do you have questions or want to learn more? We’d love to talk to you about your challenges and opportunities surrounding patient financing and payments. Fill out the form below and we’ll be in touch shortly.
Atlanta, GA 30303