ECHO Health, Inc. was founded in 1997 by William Davis, a payment visionary and pioneer with over 30 years industry experience. He developed a proprietary, patented payment system, and today ECHO® offers revolutionary payment solutions for healthcare payers of all sizes.
ECHO is a leading provider of electronic healthcare payment solutions, connecting payers, vendors, providers and plan members. ECHO’s patented, ERISA, HIPAA and CORE compliant solution addresses the hurdles payers face: connection, compliance, efficiency and ease of use. ECHO processes 300+ million claims and $60+ billion in payments annually. ECHO has 25 years of payment expertise with 70,000+ funding sources for disbursements, and supports 300+ insurance companies in healthcare, property & casualty, and specialty insurance.
ICHRAs are the most significant change to healthcare benefits in decades. As industry payment processing experts, ECHO saw the need for innovation to solve the biggest hurdle for the growth of ICHRAs…the reimbursement process. Thus, ECHO Health unveiled Premium Payment Manager (PPM) solution for ICHRAs aimed at dramatically reducing the burdens associated with the premium reimbursement process. With flexible carrier payments, consolidated payment reporting and regulatory compliance, brokers and administrators can seamlessly integrate PPM into any existing ICHRA via API or standalone platform. With a new level of ease and automation, PPM helps employers and brokers deliver an ICHRA offering that works like a traditional health benefits plan.
For more information on ECHO Health, visit echohealthinc.com.
For more information on ECHO’s Premium Payment Manager, visit premiumpaymentmanager.com.