The payment processing industry is changing rapidly. The healthcare providers who continue to do things the way they’ve always been done will be left behind. This blog post discusses three unique payment processing methods that healthcare businesses can use to overcome these obstacles. Omnichannel payment solutions for patients Convenience is key and healthcare facilities should […]
Author Archives: Anthony Fattore
Unique Challenges Facing Healthcare Providers
Why Credit Unions Need to Accept Mobile Payments
Use mobile payments to scale your business for rapid growth! Credit unions are not at a disadvantage when it comes to attracting new members. On the contrary, they have many advantages over their larger counterparts. But there is one area where credit unions need to catch up: accepting mobile payments. More and more people are […]
2021 Customer First Webinar
The Impact of Healthcare Payment Processing on Medical Practices
Increase on-time payments with proper healthcare payment processing As a medical practice, you have to think about how healthcare payment processing can affect your business. It is important for the success of your practice that patients are able to pay their bills and not be faced with financial hardships as they seek treatment. The process […]
How a Payment Processor Can Help Collection Agencies
Collection agencies are an integral part of the economy. The ability to collect on outstanding debts is something that many people cannot do, and as a result, they often turn to third-party companies for help. IVR payments are an excellent way to ensure that you get paid on time every single time. If you want […]
Ease The Burden on Your Healthcare Staff with Simpler Payments
Healthcare facilities need to simplify the payment process for their patients who receive care, for the purposes of both patient care and employee morale. This is especially true at a time when the patient responsibility portions of medical bills are increasing, putting a strain on patient finances. A Kaiser Foundation Family report found that patient […]
5 Ways to Improve the Patient Payment Experience
One of the fastest-growing revenue sources for healthcare providers is patient payments. At the same time, modern technology is making all consumers in our society grow accustomed to more convenient modes of payment. The combination of these two trends clarifies the path forward: providers that want to provide excellent care, satisfy their patients, and maximize […]
How to Choose the Right Payment Provider for Credit Unions
When looking for an outside payment provider, it makes sense to look inside your organization…at your core system. Without knowing what type of integration your core system has with a specific payment processor, you’ll be unsure about the capabilities and functionality your systems have. And, if they do not talk to each other at all, […]
Biggest Payment Processing Challenges for Hospitals in 2021
For hospitals in the modern digital era, revenue cycle management presents a huge set of challenges. The nature of the healthcare industry gives rise to many difficulties for providers in terms of billing, receiving payment, and accounting. And the unique issues surrounding the COVID-19 pandemic have made these challenges even greater. Fortunately, there are technological […]