August Health Launches New Billing & Payments Platform
August Health is excited to introduce a brand-new product tailored for the senior living industry—the Billing & Payments platform. This innovation is set to help senior living operators manage their billing tasks more efficiently, boosting revenue collection and enhancing the payment experience for families.
Integration with Current Systems
The Billing & Payments feature seamlessly integrates into the existing August Health platform. It consistently syncs with important data from the EHR and Move-Ins products. Such integration guarantees that billing operations benefit from real-time updates, accommodating changes in residents' situations, like room shifts or changes in service needs.
Streamlining Billing Processes
With August Health's Billing & Payments, operators can significantly reduce the time spent on manual billing work. The platform addresses unique scenarios, such as handling late fees and managing mid-month resident transitions, which can complicate standard billing methods.
Modern Payment Options
Families today look for convenient and straightforward payment methods. August Health meets these expectations by offering a range of flexible payment choices. Operators can provide features like autopay, allow multiple family members to contribute, and accept various payment methods, including credit cards and ACH transfers.
Improving User Experience
Co-founder Erez Cohen emphasized the platform's commitment to user experience, noting it reflects the well-known design principles recognized throughout August Health's products. Market feedback played a crucial role in shaping this new Billing & Payments feature, aiming to simplify financial interactions for families and care staff.
Current Status and Future Plans
Currently, August Health's Billing & Payments platform is in the early release phase with select customers, demonstrating the company's dedication to meeting the specific needs of senior living communities. An official rollout is anticipated in early 2025, delivering a comprehensive solution to pressing challenges in the industry.
About August Health
August Health's vision is clear: to empower senior living operators with innovative technology that enhances resident care. Developed by experts familiar with senior living dynamics, the platform is designed for user-friendliness, allowing staff to focus on what they do best—providing outstanding care to residents. Noteworthy operators like Bickford Senior Living and Koelsch Communities have already started using the platform, reinforcing August Health's position as a leader in this field. To find out more about the company and its offerings, visit their official website.
Frequently Asked Questions
What is the main purpose of August Health's Billing & Payments platform?
The platform is designed to streamline billing workflows, improve revenue capture, and enhance payment experiences for families within senior living communities.
How does the platform integrate with existing systems?
It seamlessly connects with August Health's EHR and Move-Ins products, ensuring that billing processes are updated with real-time data.
What payment options does the platform offer?
Operators can provide a range of payment options, including autopay, the ability for multiple family members to make contributions, and acceptance of different payment methods such as ACH and credit cards.
When will the Billing & Payments platform be fully available?
The platform is expected to be fully available in early 2025, following its initial release phase with select customers.
Who are some notable users of August Health's platform?
Prominent senior living operators like Bickford Senior Living and Koelsch Communities utilize August Health's solutions to improve their care and operational processes.
