Montana's leading health services corporation, Blue Cross and Blue Shield of Montana (BCBSMT), has partnered with Benefitfocus eBilling™ to provide BCBSMT group clients with faster access to invoice information and improved payment and reporting services. Serving more than 100,000 subscribers and approximately 5,000 groups, BCBSMT and Benefitfocus will roll out the eBilling™ functionality in phases throughout 2008.

"BCBSMT is very excited to offer online invoicing to our group customers," said Sheila Shapiro, BCBSMT Senior Vice President and COO. "We are working toward enhancing the availability of online tools which will give our customers access to information 24x7 and streamline the billing process which can be cumbersome in the healthcare industry. Benefitfocus provides a robust software offering in eBilling™ and will be able to deliver this functionality quickly to our customer base."

Benefitfocus eBilling™ is a comprehensive Electronic Invoice Presentment and Payment (EIPP) application providing consolidated bill presentment, payment, reconciliation, and accounts receivable management. Designed specifically for insurance carriers and their customers, Benefitfocus eBilling™ combines robust capabilities with a simple, intuitive interface to streamline processes and improve cash flow. Benefitfocus eBilling™ saves insurers an estimated $9.50 for every invoice generated, which quickly results in significant ROI.

"We look forward to partnering with BCBSMT and providing them with an efficient, state-of-the-art electronic billing solution," said Shawn Jenkins, President and CEO of Benefitfocus. "Benefitfocus eBilling™ will allow BCBSMT to completely streamline and automate their billing process while removing the inefficiencies and high cost of paper-based billing."

Average user rating

   (0 vote)