August Health Enhances Senior Living with New Payments Platform
August Health Unveils Innovative Billing & Payments Platform
August Health has launched an exciting new product designed specifically for the senior living sector — the Billing & Payments platform. This development will significantly aid senior living operators in managing billing workflows more effectively, thus increasing revenue capture and improving payment experiences for families.
Integration with Existing Systems
The new Billing & Payments feature is fully integrated within the existing August Health platform. It continuously syncs with crucial data from the EHR and Move-Ins products. This integration ensures that billing operations benefit from real-time updates, addressing changes in residents’ status, such as room changes or service requirements.
Streamlining Billing Workflows
By utilizing August Health's Billing & Payments, operators can minimize the time spent on manual billing tasks. The platform tackles various unique scenarios, including handling issues like late fees and mid-month resident transitions, all of which can complicate traditional billing methods.
Modern Payment Solutions
Today’s families expect seamless and convenient payment solutions. August Health answers this demand with a variety of flexible payment options. Operators can offer autopay, the ability for multiple family members to contribute, and various methods of payment, such as credit cards or ACH transfers.
Enhancing User Experience
Co-founder Erez Cohen highlighted the platform’s focus on user experience, stating that it reflects the celebrated design principles seen throughout August Health’s offerings. This feedback from the market led to the development of the new Billing & Payments feature, which promises to simplify the financial aspects of care for families and residential staff alike.
Availability and Future Outlook
As of now, August Health's Billing & Payments platform is in its early release phase with select customers, demonstrating the company’s commitment to tailoring its service to the needs of senior living communities. The official rollout is projected for early 2025, offering a comprehensive solution to the glaring needs in the sector.
About August Health
August Health's mission is clear: to empower senior living operators through innovative technology that enhances resident care. Developed by professionals with a deep understanding of senior living and engineered for ease of use, August Health allows staff to concentrate on what truly matters — providing excellent resident care. Esteemed operators like Bickford Senior Living and Koelsch Communities have already integrated the platform into their care models, affirming August Health’s role as a leader in this space. Discover more about the company and its products at their official website.
Frequently Asked Questions
What is the main purpose of August Health's Billing & Payments platform?
The platform aims to streamline billing workflows, improve revenue capture and enhance payment experiences for families in senior living communities.
How does the platform integrate with existing systems?
It connects with August Health's EHR and Move-Ins products, ensuring billing processes are informed by real-time data updates.
What payment options does the platform offer?
Operators can provide various payment options, including autopay, multi-payer capabilities, and acceptance of multiple payment methods such as ACH and credit cards.
When will the Billing & Payments platform be fully available?
The full availability of the platform is expected in early 2025, following its early release stage with select customers.
Who are some of the notable users of August Health's platform?
Leading senior living operators, including Bickford Senior Living and Koelsch Communities, utilize August Health's solutions to enhance care and operations.
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