Established in 2008, StrongBox offers cloud-based medical revenue, patient financing, and billing management services for small and midsize dental and medical markets. The software promises to improve efficiency and profitability in a secure HIPAA compliant environment. It provides comprehensive, cost-effective patient financing options and streamlines the entire patient collections process.
The RCM platform ensures quick revenue collection by enhancing key accounting metrics of medical practitioners, such as reduction in bad debt expense, increased collection rates, accelerated accounts receivable days outstanding, and reduced billing and administrative-related costs (calling to send physical bills, collecting payments, etc.)
StrongBox patient payment portal and patient finance component provide patients with payment flexibility while minimizing the risk of non-payment for the healthcare provider. Patients can create “self-finance” installment plans or utilize third-party financing from a pool of 15 lenders participating in the StrongBox patient financing program. The program is tailor-designed for small to midsize practices (Select financing model) as well as large networks and hospitals (Pro financing model).
StrongBox patient finance and patient payment portal options help patients with flexibility while reducing the chance of non-payment for the medical provider. It allows patients to create “self-finance” installment plans or utilize third-party financing from 15 lenders participating in the StrongBox patient financing program. The solution can be tailored to meet the needs of small to midsize healthcare practices (Financing model) as well as large networks and hospitals (Pro financing model).
StrongBox Pricing: Pricing is not shared openly by the vendor. You can click on the ‘get pricing’ button to request a quote.
StrongBox Support: It offers support via phone and email.
StrongBox Pros: Easy to use and learn.
StrongBox Cons: Their screens lack interactivity from a design point of view.