RevSource Solutions Introduces RevExpress for Early-Out and Self Pay Collections

RevSource Solutions™, LLC, one of the nation’s leading personalized online payment solution providers, is offering the RevExpress™ personalized online payment solution to collections agencies and hospitals for early out self-pay and bad debt. The RevExpress solution accelerates payments and increases revenue generated for hospitals or collection agencies clients, while optimizing the efficiencies of the agency and their clients.

RevExpress is an innovative online payment solution for early out and self-pay receivables where clients are seeing increases of over 300% above traditional payment portals. Payments are quick and easy because of the personalized, pre-populated RevExpress websites where the average payments are made 12.68 days from the day statements are sent out, decreasing total Days Sales Outstanding. RevExpress is so easy to use, 78% of patients that log on make a payment.

“Benefits of RevExpress include accelerated payments and increased efficiencies within collection agencies, resulting in higher profit margins,” commented Shawn Kerrigan, president at RevExpress. “Integrating with the existing merchant account has enabled us to increase efficiencies for the agencies and reduce time consuming manual payment processing. Integration, intrigue and automation have been able to decrease average payments down to 12.68 days.”