Healthy finance processes, healthy business

The healthcare industry is going through an evolving digital transformation, turning to digital solutions to create efficiencies and provide better outcomes for patients.

Automating financial operations with BILL enables organizations to reduce manual data entry and the errors that result from manual work. With BILL, customers can be confident that payments will be made on time. Switching to a digital process also helps eliminate the mounting paperwork associated with paper invoices, paper checks, and expense reports. Automating financial workflows can enable healthcare organizations to easily scale their operations while maintaining better financial controls.

A key benefit of digital transformation is greater security. For healthcare organizations. BILL Accounts Payable and BILL Accounts Receivable provide certain protections and safeguards for the privacy and security of electronic Protected Health Information (ePHI).

Many individual healthcare practitioners, MSOs, and dental service organizations (DSOs) choose BILL because they’re referred by a colleague or their outsourced accounting firm. Over 80% of the top 100 U.S. accounting firms use BILL for their clients. Over $140B in total payment volume was processed through our platform in FY'21.

A wide variety of healthcare organizations use BILL, including independent medical practitioners, dentists, chiropractors, rehabilitation centers, medical groups, managed service organizations (MSOs), dental service organizations (DSOs), medical profession organizations, medical equipment suppliers, medical equipment distributors, healthcare service providers, healthcare service organizations, caregivers, and more.

BILL is the preferred provider of digital payments solutions for CPA.com, the technology arm of the American Institute of CPAs (AICPA).

Here are a couple of examples. BILL helps track the progress and status of all purchase orders in one place and avoid payment errors by ensuring price, quantity, and quality of inventory received match the agreed upon terms with medical equipment suppliers. BILL also provides instant visibility into cash flow, so healthcare organizations know where they stand and can make informed decisions. Automation also saves time on manual tasks like expense reporting, month-end close, and more. BILL helps healthcare organizations automate financial operations so they can focus on patient care.

BILL Accounts Payable and BILL Accounts receivable provides certain protections and safeguards for the privacy and security of ePHI to help your organization stay compliant with HIPAA.

BILL pricing can be found here.

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