Paymentus Patient Billing and Payments Solution Validated Through Oracle Health Developer Program
September 13 2023 - 4:15PM
Business Wire
Paymentus Solution Can Help Oracle Health
Customers Simplify and Improve Billing and Payments
Processes
Paymentus Holdings Inc. (NYSE: PAY), a leading billing and
payments solution provider and a member of Oracle PartnerNetwork
(OPN), today announced that it has validated the Paymentus Patient
Billing and Payments stack through Oracle Health’s developer
program and now connects to the Oracle Health electronic health
record (EHR).
The Oracle Health developer program, named code, includes a
validation process that reviews security, operational, and
functional capabilities of a third-party application's connection
to the EHR via Fast Healthcare Interoperability Resource, or FHIR,
APIs. Now, providers who rely on Oracle Health to manage and
optimize care delivery and patient-management can integrate
advanced billing, payment, and disbursement capabilities to further
improve the patient experience and practice performance.
“After completing the platform validation process, we are proud
to expand our solution integration with Oracle to include
healthcare systems, hospitals, and providers,” said Dushyant
Sharma, Founder and CEO, Paymentus. “Having our platform validated
and regression tested within the Oracle healthcare ecosystem means
that providers can feel confident adopting our billing and payments
solutions to meet the increasingly high bar of customer service
expectations.”
Today’s healthcare consumers’ expectations have been shaped by
their experiences with other brands in other industries where
communication, connectivity, and convenience are paramount. The
Paymentus billing, payment management, and customer communications
platform helps healthcare providers meet these heightened consumer
expectations – providing a nearly seamless billing and payment
experience that emphasizes patient choice, convenience and payment
optionality. The Paymentus Instant Payment Network® (IPN) includes
more than 1,900 utility providers, local governments, businesses,
and financial institutions nationwide to provide a fully unified
SaaS customer bill-pay experience.
At a time when payment flexibility is a primary concern for
healthcare consumers, Paymentus supports more payment methods and
payment channels than any other billing and payment platform. The
Paymentus platform enables healthcare providers to accept online,
mobile, IVR, text, kiosk, point of sale, and agent-assisted
payments and offer popular and flexible payment options to drive
consumer action and satisfaction. Paymentus can also disburse funds
through the same payment channels, virtually eliminating the need
and risk of disbursements via check.
Hospitals and health systems of all sizes, including rural and
community health providers, group practices, physicians, and
specialty care providers, rely on Oracle Health’s technology to
navigate the increasingly digital world of patient care.
“Our goal is to help create an open, interoperable healthcare
ecosystem that works better for everyone,” said Jake Engle, senior
director, code Developer Program, Oracle Health. “Encouraging
innovators like Paymentus to develop solutions and applications
that work across existing health records supports that goal by
helping improve the patient experience and ease the administrative
burden for caregivers and staff.”
The new Oracle Health validation expands the scope of Paymentus
integrations within Oracle Industries’ platforms and solutions.
Earlier this year, Paymentus achieved validation across the suite
of Oracle Energy and Water CIS solutions, including Oracle
Utilities Customer Care and Billing, Oracle Utilities Customer to
Meter, Oracle Utilities Customer Cloud Service, and the recently
introduced Oracle Customer Experience (CX) for Utilities
solution.
Paymentus will participate in the Oracle Health Conference being
held September 18-20, 2023 in Las Vegas, Nevada.
About Paymentus
Paymentus is a leading provider of cloud-based bill payment
technology and solutions for more than 1,900 billers and financial
institutions across North America. The company was named the
industry’s best-in-class provider of EBPP solutions by
Aite-Novarica in February 2022. The Paymentus omni-channel platform
provides consumers with easy-to-use, flexible, and secure
electronic bill payment experiences through their preferred payment
channel and type. Paymentus’ proprietary Instant Payment
Network®, or IPN, connects IPN partners’ platforms and
tens of thousands of billers to Paymentus’ integrated billing,
payment, and reconciliation capabilities. For more information,
please visit www.paymentus.com.
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) is Oracle’s partner program designed
to enable partners to accelerate the transition to cloud and drive
superior customer business outcomes. The OPN program allows
partners to engage with Oracle through track(s) aligned to how they
go to market: Cloud Build for partners that provide products or
services built on or integrated with Oracle Cloud; Cloud Sell for
partners that resell Oracle Cloud technology; Cloud Service for
partners that implement, deploy and manage Oracle Cloud Services;
and License & Hardware for partners that build, service or sell
Oracle software licenses or hardware products. Customers can
expedite their business objectives with OPN partners who have
achieved Expertise in a product family or cloud service. To learn
more visit: http://www.oracle.com/partnernetwork.
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Media Contact: Tony Labriola
media-relations@paymentus.com Investor Contact: David
Hanover dhanover@kcsa.com
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