
First Data revolutionized the financial and consumer payment industries. And now, First Data is connecting healthcare constituents through a real-time network.
First Data Healthcare Network:
- Increases member satisfaction through a single multipurpose card with access to healthcare funds such as Flexible Spending Account (FSA), Health Reimbursement Arrangement (HRA), Health Savings Account (HSA) or even an integrated line of credit and non-healthcare funds such as dependent care and transit / parking
- Reduces claim denials by verifying insurance benefits in real time at the point-of-care
- Streamlines operations through electronic, HIPAA-compliant claims submission
- Allows providers to collect patient responsibility at the point-of-care through real-time and right-time claims solutions
The end result is a streamlined healthcare experience for patients, payers, and providers.
End-to-End Solutions
First Data National Healthcare Network serves as the infrastructure delivering the right data, at the right time and place for healthcare participants: patients, payers, providers, hospitals, laboratories, Pharmacy Benefit Managers (PBMs), trustees, and Third-Party Administrators (TPAs). First Data enables the exchange of healthcare information including financial, administrative, and clinical data through a proven secure and safe infrastructure.
First Data also simplifies the healthcare payment process by allowing access to tax-advantaged healthcare accounts (e.g., FSA, HSA, and HRA) through a single debit card that can also serve as an identification card. Ultimately, manual processes are eliminated, streamlining payment and information transfer.
First Data Delivers:
- A single card that provides access to multiple fund sources
- Real-time verification of individual insurance coverage benefits
- Electronic healthcare claims submission
- Real-time claims adjudication enablement
- A point-of-care Patient Responsibility Estimator