Streamline payment processes and lower administration costs.
WEX virtual payment solutions benefit healthcare insurers in a variety of ways:
- Simplifies reconciliation through remittance linking
- Reduces cost of receiving reimbursements for providers
- Configurable business rules and flexible workflows enable customised payment processes
- Claim-specific, one-to-one payment using a unique, single-use account number
- Minimises payment costs for payers via revenue share