Credit Card On File
As a medical practice grows it becomes more important than ever to promptly collect payment from patients. Growth also comes with a new list of priorities including greater patient demands.
That means less time for practice owners and their team to chase a growing base of patients for overdue payments, while also making sure they’re delivering the best experience possible.
Fortunately, medical practices have a number of methods available to accommodate their patient's expanding needs without risking their business–and their revenue. Chief among these is the ability to store credit cards on file.
Benefits
- Brings your patient accounts receiveable down to an average of 32 days
- Eleminates sending costly and often useless statements to patients
- Makes electronic payment plan management as effortless as "set it and forget it"
- Easily charge patients for co-pays, co-insurance, deductibles and non-covered services at the time of service, or after insurance pays
- Charge the patient credit card for surgery estimates, no shows, membership fees, medications, durable medical equipment (DME) and retail goods.