VersaSuite Partners with AxiaMed to Provide Payment Processing Solution

AxiaMed Software Integration Creates Streamlined Payment Solution for Secure Payment Processing in Healthcare Practices

Santa Barbara, CA – December 4, 2015: AxiaMed, a leader in healthcare payment processing, and VersaSuite have partnered to offer hospitals and specialty clinics an integrated payment processing solution that simplifies the payment process resulting in quicker pay cycles and significantly reduced administrative hassle.

“As many in the healthcare industry are aware, healthcare is becoming focused on consumerism,” said Scott Leach, VP of Sales and Marketing at VersaSuite. “As such, we’ve teamed with AxiaMed, a leader in the patient payment space, to provide hospitals and specialty clinics with a seamless integrated solution.”

“We are committed to providing a payments solution to healthcare organizations that is efficient and secure,” says Kevin Kidd, president of AxiaMed. “By partnering with VersaSuite we are bringing together the expertise of two companies who are focused on helping hospitals and other healthcare practices protect their patients’ payment information and provide a powerful healthcare experience.”

By utilizing AxiaMed’s solutions, hospitals and health systems will be able to connect and process all forms of payment from all departments. Practices will see a dramatic decrease in A/R days and, in addition, will reduce collections and write-offs resulting in an increase in revenue. AxiaMed’s integration provides secure payment methods using tokenization as well as recurring billing options with VersaSuite’s patient portal.

An essential part of the partnership is the additional integration to Payment Fusion’s payment platform. Payment Fusion is patented technology from AxiaMed which reduces the healthcare provider’s PCI footprint by removing VersaSuite’s application out of PA DSS scope.

About AxiaMed:
AxiaMed provides integrated payments technology for healthcare organizations and software providers to streamline workflow by automating processing patient payments. We provide an essential service in the value chain of revenue cycle management.
We take a consultative approach to help our provider clients and partners solve problems related to patient payments and all aspects of payments management. Our industry leading technology solutions for software providers (ISVs) and clients offer an unparalleled single integration point and a secure, flexible platform. AxiaMed is committed to helping our partners create solutions, realize opportunities, and solve problems that are specific to their needs and goals.
For additional information about AxiaMed, please visit www.axiamed.com.

About VersaSuite:
VersaSuite is the only product in the world that can manage hospitals, FQHCs, LTACHs, Behavioral Health, and all specialty clinics (including dental and vision) in a single database. All the information is tied to a single, unique patient ID. The product delivers a comprehensive information system for every major avenue of care – HIS, HR, accounting, RCM, scheduling, patient portal, HIE, EHR, CPOE, case management, LIS, RIS/PACS, Pharmacy, dietary and nutrition, materials management, and employee time clock and attendance.
For additional information about VersaSuite, please visit www.versasuite.com.