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October 24, 2013

Press Release

Media Contact:
Afshin Yazdian, President
844-714-8687
afshin.yazdian@pps.io

Healthcare providers can increase cash flow and lower administrative costs with Priority MX Medical™

Priority MX Medical launches a dedicated healthcare payment solution designed with both provider and patient needs in mind

ATLANTA (October 24, 2013) - Starting in 2013, healthcare providers will have access to a new payment platform designed to increase cash flow and provide patients with modern and convenient ways to satisfy their financial responsibility at the point-of-care.

Priority Payment Systems, which designs payment systems for industries ranging from specialty retail, non-profits, property management and utilities, has created Priority MX Medical to specifically address the collection challenges faced by medical providers. Priority MX Medical delivers patients clear Point-of-Care billing information and modern web based and mobile payment options that help providers accelerate collection rates and reduce administrative costs so they can focus on what they do best; care for patients.

With its launch, Priority MX Medical is also unveiling a new website, www.PriorityMXMedical.com, where healthcare providers can learn more about its features, benefits and request information.

Priority MX Medical helps healthcare providers:

  • Reconcile payor and patient payments on one coordinated system, seamlessly integrating the practice's management system, payment reconciliation and accounting.
  • Consolidate all provider billing in one statement.
  • Automate posting of patient payments
  • Easily communicate with patients about billing and past due amounts via email and text.
  • Audit payers by identifying procedure codes at the claim level that are not being paid at the contracted rate.

"We believe Priority MX Medical will provide significant improvements to providers' cash flow and meaningful operating efficiencies. Patients will simplify making payments, managing payment options and interpreting charges and make communicating about their bill much more convenient," says John V. Priore, President and CEO of Priority Payment Systems.

"Novarus Healthcare is extremely excited about the new tool set that will be available through Priority MX Medical. With the increased pressure on healthcare providers to become more cost efficient and to address the impact of increased patient deductibles and co-pays, these tools will become increasingly important," says Tom Hearn, Managing Partner of Novarus Healthcare.

About Priority Payment Systems

Since its inception in 2005, Priority Payment Systems has established itself as a leading innovator in the electronic payments industry.  Priority's payment technology is the clear choice for today's efficiency driven merchants as it integrates point of sale processing with inventory control, consumer loyalty tracking, currency conversion, invoicing and payment reconciliation.  The combination of its "consumer inspired" products, first class service and support and competitive pricing has made Priority the high-value partner for banks and financial institutions, independent sales organizations (ISOs), sales agent offices, associations and referral partnerships nationwide.

Priority's unique transaction platforms support both business-to-consumer and business-to-business transactions. The 2012 Nilson Rankings places Priority among the top 40 consumer transaction processors by volume and as one of the industry's fastest growing processors over the past five years.

For more information about Priority Payment Systems, please visit: www.prioritypaymentsystems.com

About Novarus Healthcare

Founded in 2002 and headquartered in Charlotte, NC, Novarus Healthcare continues to develop apps that help healthcare companies realize exponential gains in efficiency and productivity. Our apps serve healthcare providers who are planning a patient connectivity strategy, retooling for accountable care, implementing a patient-centered medical home, growing a medical practice, reorganizing their home health agency, or developing a custom app for a unique challenge.

To find out more, visit www.novarushealthcare.com.

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