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IOUSOS™ Launches Online Consumer Medical Bill Clearinghouse: New Service Set to Help More than 50 Million Americans and Healthcare Providers
Date:4/22/2009

nment, directly to consumers,
  • Healthcare providers are challenged by the technology, operations and human capital necessary to improve patient self-pay performance.
  • IOUSOS™ as a Solution

    "The objective of IOUSOS™ is to encourage consumers to take more control and responsibility for their healthcare bills," says Mullally. "By using IOUSOS™, patients can eliminate the heavy burden of medical debt and rejoin their healthcare provider in good standing."

    The online solution offered by IOUSOS™ is ideal because it:

    • Costs patients nothing.
    • Avoids the hassle and intrusiveness associated with medical billing and collections.
    • Offers healthcare providers a way to recoup outstanding patient bills at a fraction of the cost of most in-house operations and collection agencies.
    • Helps avoid negative media attention that has recently focused on healthcare providers who take a more aggressive approach to collecting delinquent accounts.
    How IOUSOS™ Works:
    IOUSOS'™ web-based platform allows millions of consumers already familiar with using online services like eBay, Amazon and Priceline to save money. With IOUSOS™ they can choose a price they can afford in cooperation with their healthcare provider.

    The process is simple:

    1. Consumers register on IOUSOS™ to settle their unpaid medical bills with their healthcare provider.

    2. The healthcare provider is then notified and offered the opportunity to join the IOUSOS™ network in order to receive immediate patient debt repayments.

    3. After a healthcare provider engages IOUSOS™, a list of delinquent patient accounts is s
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    Source: PRWeb
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