Business
CommerceHealthcare HSF® Patient Enrollment Now Integrated with Epic® MyChart®
KANSAS CITY, Mo.--(BUSINESS WIRE)-- CommerceHealthcare®, a leading provider of healthcare financial solutions, announced today further streamlining of
About this update from Commerce Bancshares, Inc.
[{"type":"text","content":" KANSAS CITY, Mo.--(BUSINESS WIRE)--\nCommerceHealthcare®, a leading provider of healthcare financial solutions, announced today further streamlining of patient financing options through the integration of Health Services Financing (HSF®) with Epic MyChart.\n\nThis integration allows for quicker patient enrollment in HSF®, creating a smoother and enhanced experience for patients and saving providers valuable time. Using the new HSF® Patient Enrollment app available in the Epic App Orchard, healthcare providers can offer the HSF® program directly through their patients’ MyChart account. The patient enrollment process is completely self-service.\n\nThe enrollment process is simple. Patients can complete enrollment in just a few minutes by logging into their MyChart account on a computer or mobile device. When a user selects HSF®, the patient’s balance and demographic information is automatically filled out directly on the HSF® enrollment form. Patients validate their information and select which charges they would like to finance. Upon submission, the enrollment is created, and the charges are applied to the patient’s HSF® line of credit. Providers receive funding the next business day.\n\n“For healthcare providers, cash flow management is critical — and for patients, the ability to seamlessly manage their electronic health records and payments by enrolling in healthcare financing options is empowering,” said Rick Heise, senior vice president of CommerceHealthcare®. “The integration of CommerceHealthcare® Health Services Financing with Epic’s MyChart further streamlines the process.”\n\nLaunched in 2012, HSF® combines innovate banking technology and best practices to serve the healthcare industry with patient financing solutions. HSF® has financed more than $1 billion of patient loan volume, reducing the number of days in A/R for healthcare providers.\n\nAbout Commerce Bank\n\nWith $33.9 billion in assets as of June 30, 2021, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a registered bank holding company offering a full line of banking services, including payment solutions, investment management and securities brokerage. Commerce Bank, a subsidiary of Commerce Bancshares, Inc., leverages more than 150 years of proven strength and experience to help individuals and businesses solve financial challenges. In addition to offering paymen...