Relieve the Symptoms and Stress of Patient Bill Payments for Better Financial Health
Because healthcare providers throughout the United States are seeing dramatic increases in bad debt expenses, many are seeking more effective systems to obtain bill payments prior to patients leaving facilities. As a result, companies are focusing their efforts on self-pay or patient bill collection solutions to combat the trend, including point-of-purchase alternatives, Web-based programs and third-party arrangements.
Since many patients cannot afford to pay an entire bill at one time, accepting credit card payment at the point-of-purchase can be a practical solution for both patients and providers. Paying with a credit card is fast and convenient for the patient and, with good merchant services support and efficient processing, also fast and convenient for healthcare companies. All merchant card services are not equal, though, and health providers should consider these features when selecting a service:
by Allison Jones