We estimate that globally physicians and/or their practices lose $10 Bn in charges due to inefficient paper based or poorly connected electronic billing processes. This includes public health systems where budget allocations do not track actual services delivered.

SwiftPayMD by Iconic Data is an app used by physicians who see patients in the hospital but bill for those services from their office. SwiftPayMD captures billing data verbally via a mobile device and instantly delivers this information to the physician’s home office for posting eliminating the need for inefficient, paper-based processes. These charges are then accessible by the physican’s billing staff or outsourced billing company via their web platform.

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