New HAPevolve Industry Partner Launches Partnership to Improve Health Care Financing for Consumers
November 19, 2018
MDsave, a digital health startup that provides a single online location for consumers to research, compare, and purchase medical services, has joined HAPevolve, a subsidiary of The Hospital and Healthsystem Association of Pennsylvania (HAP), as an industry partner.
Launched during 2012, MDsave assists patients in better understanding and paying for their upcoming procedures, and reduces the time it takes for the provider to receive payment for procedures. MDsave is able to provide its customers with transparent, easy-to-understand costs and savings of up to 60 percent on health care expenses, further helping to ensure those who need care have options to afford care.
MDsave recently announced a partnership with CareCredit, a health, wellness and personal care credit card, to bring easy health care financing to their transparency product. CareCredit offers patients the ability to pay over time for deductibles, co-pays, co-insurance, and other out-of-pocket health care costs. Providers receive guaranteed payment within two business. Partnering with CareCredit allows MDsave customers to better control their expenses with flexible financing options.
MDsave’s goal is to make health care accessible to everyone by changing the way patients shop for care. It works to remove the middleman in the reimbursement process, allowing MDsave to negotiate pricing directly with providers. Similar to shopping online, customers pay for their procedure upfront, reducing the risk of bad debt and patient dissatisfaction.
MDsave has a patented payment bundling technology and already has built a network of 200+ hospitals in 30 states, using a proven revenue model.
HAPevolve identifies and creates valuable partnerships with a variety of businesses serving the health care community. By negotiating with its industry and endorsed partners on behalf of the Pennsylvania hospital and health care community at large, HAPevolve can offer members special benefits and discounts on innovative solutions that can save them time and money.
To learn more about MDsave or HAPevolve, contact Larry Estes, HAPevolve’s director, business development.