Intro to Tendo Marketplace for Providers
Tendo Marketplace is a win-win for providers as well as self-paying patients and companies that pay all or part of their employees' procedure costs.
These patients and companies can pay upfront for a Tendo Marketplace procedure bundle that often is available at a discount. They don’t need to worry about additional surprise bills. because our bundled prices include all fees for each type of provider who participates in a bundle. This can include the primary physician, the physician, anesthesiologist, etc. As a result, patients have full visibility into their financial responsibility.
Providers can offer procedure bundles through Tendo Marketplace, often at a lower price than their regular rates, because patients pay upfront and Tendo handles the transactions at no risk of bad debt or need to bill the patient. Providers can receive payment for procedures within a week.
Because patients pay upfront, providers also can see increased point-of-service collections with Tendo Marketplace.
Purchase of vouchers for procedures takes place in these three ways:
- On the consumer-facing section of mdsave.com, patients can individually purchase vouchers for procedure bundles.
- Care Connect is a dedicated service for companies that have care navigators purchase vouchers for all or part of their employees' medical procedures on Tendo Marketplace.
- Your staff also can help your self-paying patients purchase procedures on your Tendo Marketplace provider portal.
In all of these cases, your staff will redeem the vouchers at the point of service or they will be automatically redeemed if you have opted to set up claims with Tendo Marketplace.
These guides can help you as we work with you to set up and use Tendo Marketplace for Providers: