Salud Revenue Partners Introduces PayVow
According to a media release, an integration of telecommunications technology, customer service and best practice processes, PayVow allows a hospital or physician office to get patients quickly "on the record," creating a context of commitment to paying. It also applies proprietary,
Changes under way in healthcare make PayVow especially timely. Health insurance premiums have doubled since 2003, and deductibles have shot up 146 percent, according to the
"Most hospitals focus on high-charge bills, but even people with higher incomes pay late or won't pay at all," said
An array of research has cast light on the power of verbal or written statements in influencing future behavior.
"This approach is new to healthcare but it has been successfully applied in other industries," said
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