A new partnership between Health Payment Systems (HPS), PayMedix, and Gravie is set to transform healthcare access and payment processes for small and midsize businesses in Wisconsin. This collaboration will provide eligible Gravie members with access to an extensive network of healthcare providers and a simplified payment solution, marking a significant step toward making healthcare more affordable and accessible. The partnership leverages HPS's robust provider network, which includes over 100 hospitals, 30,000 physicians, 1,200 clinics, and 630 behavioral health providers. Members will benefit from the PayMedix platform, which consolidates all medical billing into a single, clear monthly statement known as the SuperEOB®.
This innovative approach not only simplifies the billing process but also offers interest-free financing and flexible repayment plans for all in-network expenses, eliminating financial barriers to care. Brian Marsella, President of HPS and PayMedix, highlighted the alignment of Gravie's mission with their vision to make healthcare more affordable and accessible. Evan Peters, SVP of Networks at Gravie, emphasized the partnership's potential to remove financial barriers and improve the healthcare experience for Wisconsin families. This collaboration represents a pivotal shift in healthcare benefits, offering employers more flexible and cost-effective plan designs.
The initiative underscores a shared commitment among the three organizations to reshape the healthcare experience by prioritizing member well-being and financial peace of mind. By integrating Gravie's level-funded approach with HPS's comprehensive network and PayMedix's payment solutions, the partnership paves the way for a more inclusive and efficient healthcare system. The PayMedix platform, accessible at https://www.paymedix.com, provides the technological foundation for this transformation, while HPS's provider network ensures broad access to care. This model addresses critical pain points in healthcare administration and financing that have historically burdened small businesses.
The implications of this announcement extend beyond immediate cost savings to potentially influence broader healthcare market trends. By demonstrating that simplified payment structures and expanded networks can coexist with financial sustainability, this partnership may encourage similar innovations across the industry. For Wisconsin businesses, this means reduced administrative complexity and predictable healthcare costs, allowing them to focus resources on growth rather than navigating insurance complexities. The collaboration's success could serve as a blueprint for other states seeking to improve healthcare access for small and midsize employers, potentially reshaping how healthcare benefits are designed and delivered nationwide.
