Healthcare IT Today December 27, 2021
Acquisition adds mobile billing and payment product to existing patient financing offerings, extending AccessOne solution portfolio to address overall patient financial experience.
AccessOne, a leading provider of inclusive Care Now, Pay Later patient financing solutions that help all consumers manage their healthcare costs, today announced that it has acquired CueSquared, a one-touch mobile payment platform that simplifies the collection efforts of all patient self-pay balances, allowing consumers to easily access and pay their bills anywhere, at any time.
Patient financial responsibility is on a rapid growth trajectory, creating a heavy burden in healthcare:
- More than half of consumers (58%) delayed medical care to avoid a healthcare bill in 2021;
- A 2021 Pitchbook report revealed that providers currently only collect 55% of what is owed by...