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Patientco Honored for Innovation in Healthcare Payments with 2019 MedTech Breakthrough Award

ATLANTA--(BUSINESS WIRE)--

Annual awards program recognizes outstanding technological innovations in healthcare

Patientco, a next-generation patient payment technology company, today announced that MedTech Breakthrough, an independent organization that recognizes the top companies and solutions in the global health and medical technology market, has named the company’s payment platform as the “Best New Healthcare Payments Solution.”

Patientco’s consolidated billing and payment solution includes functionality for consumer-friendly digital communications such as eBills and SMS texts, and printed statements. The solution also provides intuitive consumer-facing payment options, including affordable, self-service payment plans. By integrating communication with payment tools, Patientco translates patient engagement to payment dollars, delivering insights into the communication channel or method that best influences patient payment behavior. Through ongoing experiments via the company’s analytics platform, Patientco creates new insights to personalize engagement and improve the patient payment experience while generating more dollars for Health Systems.

“Patientco was founded to alleviate many of the challenges associated with patient payments because we believe Health Systems and patients deserve better than the status quo,” said Bird Blitch, co-founder and CEO of Patientco. “Patientco’s platform dramatically simplifies the revenue cycle process for Health Systems, integrating with all major EHR systems to power automation. For patients, our technology delivers a better financial experience while making healthcare more affordable, yielding more payments today and building patient loyalty for the future.”

The mission of the MedTech Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of health and medical technology categories, including Robotics, Clinical Administration, Telehealth, Patient Engagement, Electronic Health Records (EHR), mHealth, Medical Devices, Medical Data and many more. This year’s program attracted more than 3,500 nominations from over 15 different countries throughout the world.

“Today’s healthcare billing and payment process often leaves patients frustrated, negatively impacting their overall experience with the Health System,” said James Johnson, managing director for MedTech Breakthrough. “Patientco, however, is completely changing this dynamic. Their platform provides a superior financial experience that is designed around the patient and their needs, so Health Systems see meaningful financial results.”

About Patientco
Patientco is a payment technology company founded specifically to re-think the patient payment experience in healthcare. By combining intuitive consumer payment tools and world-class payment infrastructure backed by data-led design, we create a superior billing experience and deliver more payments to Health Systems. Patientco is making healthcare better one payment at a time. To learn more, visit www.patientco.com or connect on LinkedIn.

About MedTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the MedTech Breakthrough Awards program is an independent program devoted to honoring excellence in medical and health related technology companies, products, services and people. The MedTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough health and medical companies and products in categories that include Patient Engagement, mHealth, Health & Fitness, Clinical Administration, Healthcare IoT, Medical Data, Healthcare Cybersecurity and more. For more information, visit MedTechBreakthrough.com.

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