AxiaMed provides a secure payment processing platform specifically designed for healthcare providers, enabling efficient and compliant patient payment transactions. The company addresses the challenges of payment security and patient data protection in the healthcare industry, ensuring a streamlined payment experience for both providers and patients.
Funding
Funding not disclosed
Founders
Product
Problem
Healthcare providers face challenges in managing patient payments efficiently and securely, while also ensuring compliance with industry regulations. Traditional payment methods can be cumbersome, leading to delays in revenue collection and increased administrative costs. Protecting sensitive patient financial data during payment processing is also a critical concern.
Solution
AxiaMed, a Bank of America company, provides a healthcare-specific payment processing platform designed to streamline patient payment workflows and enhance data security. The platform integrates with leading Electronic Medical Record (EMR) systems to offer a seamless, end-to-end payment experience. By offering a variety of payment options and a centralized dashboard for managing transactions, AxiaMed helps providers improve patient satisfaction and accelerate revenue cycles. The platform utilizes a PCI-validated point-to-point encryption (P2PE) gateway to safeguard patient financial information and ensure regulatory compliance.
Target Audience
The primary target audience includes healthcare providers, hospitals, and medical practices seeking to optimize their patient payment processes and improve data security.
Features
- Integrated platform for managing healthcare payments from a single dashboard
- Seamless integration with major Electronic Medical Record (EMR) systems
- Support for diverse payment methods, including credit cards, debit cards, and digital wallets
- Proprietary, certified, PCI-validated P2PE gateway for enhanced data security
- Cloud-based device management for point-of-service payment devices
- Technical support available via email and phone