Little Rock, Ark.-based DataPath, and Atlanta-based RelayHealth are creating a new connectivity service designed to streamline the payment cycle and data exchange to expedite consumer payments for health services.
Targeted services range from consumer-driven healthcare accounts, such as flexible spending accounts, to health savings accounts and health reimbursement arrangements. The new service, according to the companies, will also allow health plan service providers to connect with CDH accounts. Providers will be able to obtain real-time eligibility verification of an employee’s healthcare account and then use the account as a secondary benefit payment method, the company claims. The idea, it says, is that the automatic healthcare provider payment solution will reduce out-of-pocket expenses from the patient at the time of service, and will decreases the number of self-pay statements generated later by the healthcare provider.
The new service is projected for delivery later this year.