My name is Jennifer Leon, and I'm the vice president for Brightree Patient Collections. By utilizing eDelivery, providers can achieve a cost savings benefit of up to $0.50 off of each US mailed invoice. As we know, the USPS has raised rates twice in the last year, equating to a 7% increase in your cost just to mail your patients their statements.
We've also found that by utilizing eDelivery, collection rates can increase up to 15%.
And those payments come in three to five days faster. We live in a world of instant, patients don't want to wait to receive their mail. And as a matter of fact, they're also consumers. And consumers prefer to receive their bills electronically, especially when it's a recurring rental or recurring supply item.
You're not only going to benefit yourself from a cost savings perspective, but you're also going to appease your patients by giving them the experience that they want, by sending their bills out eDelivery, by giving them that digital experience that they already have in their everyday consumerism.
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