This startup provides a patient billing platform for hospitals, streamlining invoicing and payment processes. It offers flexible payment options and generates GDPR-compliant reimbursement letters, reducing administrative effort for hospital billing staff.
Funding
Funding not disclosed
Founders
Product
Problem
Healthcare providers, such as doctors and dentists, often face challenges in managing their accounts receivable, leading to delayed payments and cash flow issues. Traditional billing processes can be time-consuming and complex, diverting resources from patient care. Additionally, practices bear the risk of potential revenue loss due to patient payment defaults.
Solution
Goya Health provides a factoring and accounts receivable automation platform designed to streamline billing and payment processes for healthcare providers. The platform offers digital invoice management, automated follow-ups, and flexible payment options for patients, reducing administrative burdens and improving cash flow. Goya Health offers factoring services, providing immediate payment for invoices, mitigating the risk of bad debt and ensuring financial stability. The platform integrates with existing practice management systems, offering a comprehensive solution for managing the entire billing cycle from invoice generation to payment reconciliation.
Target Audience
Goya Health primarily targets medical practices, dental clinics, hospitals, and individual healthcare providers seeking to optimize their billing processes, improve cash flow, and reduce administrative overhead.
Features
- Digital invoice creation and management
- Automated payment reminders and follow-up processes
- Integration with existing practice management software (PMS)
- Real-time tracking of outstanding invoices and payment status
- Factoring services with immediate payment options
- Flexible payment plans for patients, including installment options up to 48 months
- Automated processing of patient reimbursement requests
- AI-powered technology for efficient document processing
- Customizable user roles and permissions for data access control
- Secure, GDPR-compliant data storage and processing within Europe