Overview

GHX ePay is a comprehensive payment automation solution tailored for the healthcare industry. It addresses the inefficiencies of manual accounts payable (AP) processes by digitizing and streamlining transactions between healthcare providers and their extensive supplier networks. By integrating GHX ePay, organizations can reduce costs, minimize errors, and enhance financial performance.

Features and Capabilities

• Automated Payments: GHX ePay enhances process efficiency and transaction accuracy by minimizing human intervention. It extends procure-to-pay (P2P) process automation to supplier payments, helping to eliminate paper checks and manual reconciliation tasks.
• Broad Payment Network: The platform digitally connects health systems and hospitals with healthcare’s largest supplier payment network, allowing them to optimize AP processes across their entire trading partner networks. With more than 19,000 supplier divisions in the GHX payment network, providers can onboard suppliers to expedite payments, capture more rebates, and improve their bottom line.
• Enhanced Security and Compliance: GHX ePay supports secure healthcare transactions by storing and managing supplier banking data, thereby decreasing risk. Automating payments helps eliminate check payments, reducing the risk of fraud.
• Visibility for Cashflow Predictability: Modernizing payments through GHX ePay provides AP teams with greater visibility into their payment processes. With payments digitally generated and delivered within a unified platform, providers can access data and insights for improved financial management, including cash management, forecasting, and cost-saving strategies.
• Flexibility with Banking Partners: GHX ePay allows provider organizations to work with their existing bank partners or leverage GHX’s multi-bank network to streamline payments. They can use multiple payment methods, including ACH, cards, and lines of credit, as digital payment solutions through GHX ePay.
• Scalability: Designed to scale as health systems grow, GHX ePay is adaptable to supplier changes, accommodating mergers and acquisitions by properly mapping changes in respective systems to prevent errors.