OptumInsight (formerly Ingenix) has partnered with InstaMed, a healthcare payments network, to offer CareTracker Payment Connect, a new feature for OptumInsight’s CareTracker practice management system that makes it easier for patients to submit payments to physician practices. The solution automatically posts payments and reconciles financial records within the physician practice management system. It also allows patients to view their billing statements online and pay their bills via a secure online patient portal. According to InstaMed, physicians who give their patients more convenient choices for paying their medical bills may increase collections by as much as 200 percent.
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