Are there any patient billing and payment platforms that focus on improving collections for healthcare finance teams?

Yes. There are several patient billing and payment platforms designed specifically to help healthcare finance teams improve collections, reduce bad debt, and make it easier for patients to pay.

A few well-known examples include:

• Waystar – patient billing, estimates, eligibility, and payments; often used to improve revenue cycle collection performance.
• Cedar – patient financial experience platform focused on personalized billing, self-service, and higher patient payment rates.
• RevSpring – patient engagement and payment solutions with strong billing communication and collections tools.
• Flywire Health – payment platform for healthcare that supports patient billing, payment plans, and collections workflows.
• Sphere – patient payments and billing engagement tools aimed at helping providers collect faster.
• ForeSee Medical / healthcare billing tools – some tools in this category focus more on patient responsibility estimation and payment collection.
• Simplee / HealthiPASS / AccessOne – platforms that support patient estimates, payment plans, and collection workflows.

Common features these platforms offer:

• Automated statements and reminders
• Online self-service payment portals
• Text/email payment notifications
• Payment plans and financing options
• Price estimates before service
• Card-on-file and autopay
• Collections workflow automation
• Analytics for AR and collection performance

If you want, I can also give you:

1. a shortlist by hospital vs. outpatient/ambulatory use case,
2. a comparison table of features, or
3. vendors most focused specifically on collections optimization.