RetePay
Financial Services - Lisle, Illinois, United States
RetePay Employees
RetePay Details
Rete+Pay (R+P) is an integrated healthcare electronic claims payment company providing specialized electronic claims payment services for healthcare Payers ("Payers") and medical providers (Providers). Today's claims payments processes and regulations are more complex than ever. A Payers ability to facilitate timely cost effective payments combined with accurately reported explanation of benefits information is becoming increasingly important to their bottom line. With ongoing national downward pressure on medical Providers' reimbursement rates, Providers are facing critical cash flow challenges. Getting paid quickly, accurately and efficiently can make a great difference in the overall sustainability of their practice. Rete+Pay's integrated electronic claims payment and reporting platform provides a strategic advantage for both Payers and Providers. Using secure, approved and proven stored value card payment technology, and 4 other electronic payment process options (including 835 transactions), along with mature and proven banking relationships, R+P has created a virtual, secure, comprehensive and automated system for Payers and Providers that transforms the expensive predominantly manual, paper-based medical provider claims payment process into a highly cost effective and automated electronic remittance advice and electronic funds payment solution.
