iVitaFi Patient Finance

JSON twin: https://www.healthaidb.com/software/ivitafi-patient-finance.json

Company Name

iVitaFi

Product URL

https://ivitafinancial.com

Company URL

https://ivitafinancial.com

Categories

• financial Management
• patient Engagement
• revenue Cycle
• Revenue Cycle Management

Summary

iVitaFi Patient Finance offers non-recourse, 0% interest financing solutions to healthcare providers, enabling patients of all credit profiles to afford medical care through flexible payment plans, thereby improving patient access and reducing bad debt for providers.

Description

iVitaFi Patient Finance is a digital platform that provides non-recourse, 0% interest financing options for patients, allowing healthcare providers to receive upfront payments without the risk of patient defaults. The platform offers flexible payment plans, including short-term and long-term options up to 36 months, regardless of the patient's credit score. It also facilitates digital patient engagement through communication channels such as text, email, and voicemail, and automates payment reminders to enhance patient satisfaction and streamline collections for providers.

Api Available

unknown

Certifications

• SOC 2 Type II
• PCI DSS

Company Founding

2018

Company Offices

• United States

Compliance

• HIPAA
• PCI DSS
• SOC 2 Type II

Customers

• Area Medical Center in the Midwest
• Regional Medical Center
• Hospital in the South East
• Reedsburg Area Medical Center

Data Residency

US-only

Data Standards

• HL7 v2
• FHIR
• DICOM

Deployment Model

• SaaS

Features

• Non-recourse patient financing
• Fixed 0% interest payment plans
• Flexible payment options
• No hidden fees
• Increased patient volume
• Reduced bad debt
• Improved cash flow
• Seamless integration with EHR and billing systems
• Fast implementation
• Minimal staff training required

Id

SW1594

Integration Partners

• Epic Systems
• Cerner Corporation
• Allscripts Healthcare Solutions
• Athenahealth
• McKesson Corporation
• Meditech
• NextGen Healthcare
• eClinicalWorks
• Greenway Health
• GE Healthcare
• Siemens Healthineers
• Oracle Health Sciences
• IBM Watson Health
• Dell Technologies
• Microsoft Healthcare
• Amazon Web Services (AWS)
• Google Cloud Healthcare
• Salesforce Health Cloud
• SAP Health
• Oracle NetSuite

Integrations

• EHR systems
• Billing systems

Languages Supported

• English

Last Updated

2025-10-11

License

commercial

Market Segment

• enterprise
• smb

Optional Modules

Os Platforms

• Web

Pricing Details

Contact vendor for pricing information.

Pricing Model

subscription

Privacy Features

• BAA available
• Data anonymization
• Data minimization

Product Code

SW1594

Product Name

iVitaFi Patient Finance

Ratings

• 4.9/5 (65 reviews)

Regions Available

• United States

Related Urls

• https://elion.health/products/ivitafi-patient-finance

Release Year

2019

Security Features

• Data encryption at rest and in transit
• Role-based access control
• Audit logs
• Multi-factor authentication

Specialties

• General Healthcare
• Hospitals
• Medical Clinics
• Physician Practices

Support Channels

• email
• phone
• chat
• ticketing
• community
• 24x7

System Requirements

Target Users

• healthcare providers
• patients

Training Options

• documentation
• webinars
• live_online
• onsite
• certification

Type

product

User Reviews

• We couldn't be happier with this program. Collections are up 5% in the first 3 months of starting the program. We have also reduced our A/R by 10% in the past 3 months.
• In looking for ways to improve patient collections, we decided the best solution is to offer a digital lending program with no interest or fees to the patient, with a 3-year term. Our patients love it and it relieves us from the burden of pursuing them to collect.
• The whole process is online and easy for our team to get patients enrolled. Our patients liked that this made it easy to afford and pay their medical bills. We liked that we could settle the account immediately instead of months, or years, later.
• Through our partnership with iVitaFi, we were able to offer our patients a financing program that made it easier for them to receive the care they needed and deserved. Within the first six months of implementing the program, we saw a $250,000 reduction in self-pay A/R, and the bad debt percentage of gross revenue dropped by 10 percentage points.

Version

1.0

Alternatives

See related products

Canonical JSON

{
  "product_name": "iVitaFi Patient Finance",
  "company_name": "iVitaFi",
  "product_url": "https://ivitafinancial.com",
  "company_url": "https://ivitafinancial.com",
  "related_urls": [
    "https://elion.health/products/ivitafi-patient-finance"
  ],
  "product_code": "SW1594",
  "summary": "iVitaFi Patient Finance offers non-recourse, 0% interest financing solutions to healthcare providers, enabling patients of all credit profiles to afford medical care through flexible payment plans, thereby improving patient access and reducing bad debt for providers.",
  "description": "iVitaFi Patient Finance is a digital platform that provides non-recourse, 0% interest financing options for patients, allowing healthcare providers to receive upfront payments without the risk of patient defaults. The platform offers flexible payment plans, including short-term and long-term options up to 36 months, regardless of the patient's credit score. It also facilitates digital patient engagement through communication channels such as text, email, and voicemail, and automates payment reminders to enhance patient satisfaction and streamline collections for providers.",
  "categories": [
    "financial Management",
    "patient Engagement",
    "revenue Cycle",
    "Financial Management",
    "Patient Engagement",
    "Revenue Cycle Management"
  ],
  "market_segment": [
    "enterprise",
    "smb"
  ],
  "target_users": [
    "healthcare providers",
    "patients"
  ],
  "specialties": [
    "General Healthcare",
    "Hospitals",
    "Medical Clinics",
    "Physician Practices"
  ],
  "regions_available": [
    "United States"
  ],
  "languages_supported": [
    "English"
  ],
  "pricing_model": "subscription",
  "pricing_details": "Contact vendor for pricing information.",
  "license": "commercial",
  "company_offices": [
    "United States"
  ],
  "company_founding": "2018",
  "deployment_model": [
    "SaaS"
  ],
  "os_platforms": [
    "Web"
  ],
  "features": [
    "Non-recourse patient financing",
    "Fixed 0% interest payment plans",
    "Flexible payment options",
    "No hidden fees",
    "Increased patient volume",
    "Reduced bad debt",
    "Improved cash flow",
    "Seamless integration with EHR and billing systems",
    "Fast implementation",
    "Minimal staff training required"
  ],
  "optional_modules": [],
  "integrations": [
    "EHR systems",
    "Billing systems"
  ],
  "data_standards": [
    "HL7 v2",
    "FHIR",
    "DICOM"
  ],
  "api_available": "unknown",
  "system_requirements": "",
  "compliance": [
    "HIPAA",
    "PCI DSS",
    "SOC 2 Type II"
  ],
  "certifications": [
    "SOC 2 Type II",
    "PCI DSS"
  ],
  "security_features": [
    "Data encryption at rest and in transit",
    "Role-based access control",
    "Audit logs",
    "Multi-factor authentication"
  ],
  "privacy_features": [
    "BAA available",
    "Data anonymization",
    "Data minimization"
  ],
  "data_residency": "US-only",
  "customers": [
    "Area Medical Center in the Midwest",
    "Regional Medical Center",
    "Hospital in the South East",
    "Reedsburg Area Medical Center"
  ],
  "user_reviews": [
    "We couldn't be happier with this program. Collections are up 5% in the first 3 months of starting the program. We have also reduced our A/R by 10% in the past 3 months.",
    "In looking for ways to improve patient collections, we decided the best solution is to offer a digital lending program with no interest or fees to the patient, with a 3-year term. Our patients love it and it relieves us from the burden of pursuing them to collect.",
    "The whole process is online and easy for our team to get patients enrolled. Our patients liked that this made it easy to afford and pay their medical bills. We liked that we could settle the account immediately instead of months, or years, later.",
    "Through our partnership with iVitaFi, we were able to offer our patients a financing program that made it easier for them to receive the care they needed and deserved. Within the first six months of implementing the program, we saw a $250,000 reduction in self-pay A/R, and the bad debt percentage of gross revenue dropped by 10 percentage points."
  ],
  "ratings": [
    "4.9/5 (65 reviews)"
  ],
  "support_channels": [
    "email",
    "phone",
    "chat",
    "ticketing",
    "community",
    "24x7"
  ],
  "training_options": [
    "documentation",
    "webinars",
    "live_online",
    "onsite",
    "certification"
  ],
  "release_year": "2019",
  "integration_partners": [
    "Epic Systems",
    "Cerner Corporation",
    "Allscripts Healthcare Solutions",
    "Athenahealth",
    "McKesson Corporation",
    "Meditech",
    "NextGen Healthcare",
    "eClinicalWorks",
    "Greenway Health",
    "GE Healthcare",
    "Siemens Healthineers",
    "Oracle Health Sciences",
    "IBM Watson Health",
    "Dell Technologies",
    "Microsoft Healthcare",
    "Amazon Web Services (AWS)",
    "Google Cloud Healthcare",
    "Salesforce Health Cloud",
    "SAP Health",
    "Oracle NetSuite"
  ],
  "id": "SW1594",
  "slug": "ivitafi-patient-finance",
  "type": "product",
  "version": "1.0",
  "last_updated": "2025-10-11",
  "links_json": {
    "self": "https://www.healthaidb.com/software/ivitafi-patient-finance.json"
  }
}