Integrated Fast & Simple Credit Card Processing
"Just Send the Bill"
RIGHT!
How many times have you encountered patients that have either forgotten their checkbook, wallet, or cash? How many patients fail to make co-payment at the time of the visit?
You can certainly send a bill, but consider what it means to your practice:
- Sending a note to the practice manager/biller to collect co-payment.
- Biller has to prepare a letter and bill for patient, print it, stuff it in an envelope, and mail it.
- Follow-up with patient, several times, just to collect co-payment.
More important, every time you don't collect co-payment from your patients during the visit, they become less likely to pay. Every minute your staff spends producing and mailing invoices is unproductive time.
You already know what you need to do - Accept Credit Cards! Maybe you already do. You know the benefits.
Benefits of Accepting Credit Cards in Medical Practice
- Ease payment headaches. Capturing charges at the time of the appointment is a more reliable way of getting reimbursed than sending out bills.
- Reduce billing costs. When charges are paid up front, your staff doesn't have to take the time to create, mail, and follow up on invoices. Practice consultants estimate that the costs for invoices, ink, envelopes, postage, and labor add up to between $2 and $10 for each bill.
- Improve cash flow. When your practice receives payment for services at the time they're rendered, there's more cash available to pay for salaries, equipment, and rent.
Waiting Room Solutions now brings INTEGRATED FAST & SIMPLE CREDIT CARD PROCESSING
- Works within the Waiting Room Solutions’ EMR and Practice Management System to bring automation and efficiency to your patient payment process.
- Reduce time spent processing payments, updating and balancing two systems.
- Manage multiple patient payment options including Visa, MasterCard, Discover, American Express and ACH (electronic checks) through a single payment processing solution.
- Accept electronic payments from checking or savings accounts and turn paper checks into electronic transactions.
- Recurring payment profiles allow storing of payment information for repeat customers or to schedule automatic payments.
- Removes need for bulky, outdated standalone terminals and analog phone lines.
- Simple card reader captures data with no counter space clutter.
- System updated to current requirements by Waiting Room Solutions; you do not have to update terminals and worry about PCI requirements.
- Staff can use at front counter for co pays and card present items, and via back-office log in use for post adjudication balances without moving up to front counter and waiting on old terminal access.
- Integrated financial reporting aligns with deposits into bank to simplify payment reconciliation.
- All transactions posted gross; fees are not deducted until after month end for daily reconciliation ease.
- No contract terms; simple electronic enrollment and implementation process.
- Competitive pricing based on thousands of users’ volume rather than one practice provider experience the savings of group pricing!
