EisnerAmper’s EA-Collect Software Delivers Market-Leading Patient Payment Management Solution
May 01, 2017
Powered by TriCap Technology Group’s ARxChange
EisnerAmper LLP announced that the Accounts Receivables Exchange Technology, or ARxChange, from TriCap Technology Group, LLC, will power EisnerAmper’s EA-Collect, its new patient payment revenue cycle management solution.
Hospitals and health care centers have long faced problems collecting on “self-pay” balances / accounts. With high deductible health plans, these balances now referred to as “Patient Responsibility,” represent a material part of their business.
Evidence shows that effective use of targeted software allows hospitals to increase collections, while reducing costs. To serve this growing market EisnerAmper will offer its health care clients a powerful new patient payment revenue cycle management solution called EA-Collect, powered by Accounts Receivables Exchange Technology, or ARxChange.
EA-Collect integrates consulting services with powerful technology. In commenting on the technology behind EA-Collect, Ron Dreskin, EisnerAmper’s Health Care Practice leader said, “ARxChange uses advanced analytics and market exchange technologies to optimize self-payment performance. Incorporating this technology into our revenue cycle practice management extends our capacity to deliver highly precise, results-oriented, patient performance solutions, which address a major and growing challenge for our clients today.”
“We’re thrilled with EisnerAmper’s selection of our technology and its commitment to deliver breakthrough patient receivables performance to their clients,” said James A. Zadoorian, Ph.D., President of TriCap Technology Group. “EisnerAmper’s decision reflects the innovative market leadership and foresight to offer transformative and differentiated services when the market needs them most,” said TriCap’s CEO, Joseph E. LaManna.
EisnerAmper LLP is one of the largest accounting firms in the U.S., with nearly 1,400 employees and 180 partners across the country. It combines responsiveness with a long-range perspective to help clients meet the pressing issues they face today, and position them for success tomorrow. Its Health Care Services group blends broad health care industry experience to deliver innovative solutions that generate measurable results.
About TriCap Technology Group, LLC
TriCap Technology Group, LLC, is a high-growth financial technology company designed to transform the U.S. medical debt and receivables sector into a highly performing, efficient, predictable and liquid marketplace. With roughly $25 billion in listings and a market-commanding position in receivables analytics, TriCap's ARxChange is the nation's largest and most robust receivables marketplace in the U.S. For additional information, please visit www.arxchange.com.