Doctor holding piggy bank

RBC Ventures announced on Monday that it has acquired a new billing platform for Canada’s medical community. 

Dr. Bill simplifies the billing and payment process for Canadian physicians, RBC said in a release. The platform is currently available in Ontario, Alberta and British Columbia. 

The service provides physicians with access to a user-friendly mobile billing platform as well as live agents to modernize and streamline their billing process.

“Physician billing is often still paper-based and inefficient, which can lead to errors and unnecessary administrative overhead. Dr. Bill was created with a mission to make medical billing simple and pain-free by helping physicians save time and spend it on what matters most,” says Steve Lionais, cofounder, Dr. Bill.

The acquisition of Dr. Bill complements RBC’s membership program for healthcare professionals, which launched last summer.