SYS-CON MEDIA Authors: Pat Romanski, Elizabeth White, Glenn Rossman, Cynthia Dunlop, Peter Silva

News Feed Item

First Paid Healthcare Solutions Now Available in Puerto Rico

TSYS Merchant Solutions announced today that First Paid Healthcare Solutions, its suite of payment services that helps healthcare providers more efficiently collect patient payments, is now available in the Puerto Rican market. With the assistance of Puerto Rico-based Paytech Corporation, TSYS Merchant Solutions is actively marketing First Paid to doctors, clinics and other healthcare providers in the territory.

First Paid is a specialized web-based solution that helps cut costs, streamline the payment process, clearly outline patient expenses and eliminate paper.

First Paid also leverages a real-time calculator that determines what a patient owes for healthcare services at the time of treatment. The software confirms patients’ coverage and benefits, determines out-of-pocket status, calculates charges based on contracted rates with insurance providers, and produces an easy-to-read estimate of the patient’s financial responsibility for the visit. Patients can then pay for services in full with a credit card, debit card or check, or set up an installment payment plan on the spot. The suite of services integrates with TSYS Merchant Solutions’ processing platform to handle payment acquiring, routing and settlement.

“First Paid is the first product in Puerto Rico that allows healthcare providers to efficiently collect patients’ out-of-pocket expenses,” said Candido Alfonso, chief executive officer & president of Paytech. “In our market, the medical industry has focused on electronically billing insurance plans, but First Paid is solely focused on helping healthcare providers collect the expenses not covered by insurance.”

“Streamlining the collections process saves both time and money for healthcare providers,” said Diana Mehochko, president of TSYS Merchant Solutions. “And by making the entire process more efficient and easier for patients to understand, providers can maintain focus on providing quality healthcare instead of addressing patients’ payment concerns.”

TSYS Merchant Solutions is a long-time provider of processing services to healthcare providers. Today, more than 7,000 practices rely on TSYS Merchant Solutions to efficiently and economically accept card-based patient payments.

About Paytech Corporation

Paytech Corp. has been a real-time e-commerce processor and gateway since 1997 and was founded with the vision of providing a one-stop shop for electronic transactions. The company provides services to merchants, healthcare providers, financial institutions, government institutions and non-profit organizations of all sizes. For more information, visit www.paytechco.com.

About TSYS Merchant Solutions

TSYS Merchant Solutions, LLC, formerly First National Merchant Solutions, LLC, is a top 10 payment processor providing unmatched service and solutions to businesses across North America. For more than 50 years, customers have relied on our expertise and dedication to meet their long-term business and processing needs.

For more information, visit www.fnms.com.

About TSYS

TSYS (NYSE: TSS) is reshaping a new era in digital commerce, connecting consumers, merchants, financial institutions, businesses and governments. Through unmatched customer service and industry insight, TSYS creates a better experience for buyers and sellers globally, supporting cross-border payments in more than 85 countries. Offering services in credit, debit, prepaid, mobile, chip, healthcare, installments, money transfer and more, TSYS makes it possible for those in the global marketplace to conduct safe and secure payment transactions with trust and convenience.

TSYS’ global headquarters are located in Columbus, Georgia, with other local offices spread across the Americas, EMEA and Asia-Pacific. TSYS serves approximately 400 clients in 85 countries, including relationships with more than half of the Top 20 international banks. For more information, please visit us at www.tsys.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Samsung VP Jacopo Lenzi, who headed the company's recent SmartThings acquisition under the auspices of Samsung's Open Innovaction Center (OIC), answered a few questions we had about the deal. This interview was in conjunction with our interview with SmartThings CEO Alex Hawkinson. IoT Journal: SmartThings was developed in an open, standards-agnostic platform, and will now be part of Samsung's Ope...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an In...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud...
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, will focus on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19...
StackIQ offers a comprehensive software suite that automates the deployment, provisioning, and management of Big Infrastructure. With StackIQ’s software, you can spin up fully configured big data clusters, quickly and consistently — from bare-metal up to the applications layer — and manage them efficiently. Our software’s modular architecture allows customers to integrate nearly any application wi...
As Platform as a Service (PaaS) matures as a category, developers should have the ability to use the programming language of their choice to build applications and have access to a wide array of services. Bluemix is IBM's open cloud development platform that enables users to easily build cloud-based, creative mobile and web applications without having to spend large amounts of time and resources o...
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at Internet of @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, will discuss how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will nee...
When you set off to build an app that will change the world, designing your system architecture to be reliable and scalable is important but the stark reality is that, for your MVP, you probably had a “need for speed” (of development). You didn’t know what all the axes were to scale your application, where your stress points would be, and what weird and wonderful ways your customers would use it d...
Compute virtualization has been transformational, yet security policy implementation and enforcement has lagged behind in agility and automation. There are a number of key considerations when implementing policy in private and hybrid clouds. In his session at 15th Cloud Expo, Holland Barry, VP of Technology at Catbird, will discuss the impact of this new paradigm and what organizations can do to...
SYS-CON Events announced today that Red Hat, the world's leading provider of open source solutions, will exhibit at Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, ...