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VPay

B2B payment platform that automates claim payments (ACH, virtual card, check) for healthcare and insurance payers.

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Overview

VPay, now part of Optum Financial, provides a payment platform that modernizes claim payment processing for healthcare and insurance payers and payees. The platform manages payee payment preferences across ACH, virtual card, and check, replacing manual print-and-mail claim payment processes.

Headquartered in Plano, Texas, VPay serves healthcare payers, third-party administrators, and workers' compensation claim payers. The company issues billions of dollars in claim payments to more than 900,000 recipients.

Key Features

+ Multi-modal claim payments (ACH, virtual card, check)
+ Payee payment preference management
+ Eliminates print-and-mail claim payment costs
+ Virtual card issuance for claim payments

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