Category Archives: Healthcare

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 […]

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 […]

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 […]

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 […]

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 […]

In an increasingly online and digital world, cybersecurity is a top concern in the healthcare industry. The COVID-19 pandemic has accelerated the move to technological solutions for healthcare providers. Unfortunately, this shift has increased the opportunities for cybercrime, with a recent report finding that cyberattacks on healthcare doubled in 2020. So what are some of […]

Unlock your potential by optimizing your healthcare revenue cycle today! Managing the healthcare revenue cycle was a challenge even before COVID-19 hit U.S. shores. With the pandemic, providers now have the extra challenges of the need to minimize physical contact, potential financial stress for patients, and the ongoing fiscal challenges for providers themselves. But one [...]

Out of all the industries impacted in 2020, healthcare is at the top of the list, from changes in legal policies, all the way to the decay of rural hospitals, it’s no surprise that these businesses are seeking some kind of relief to these new challenges. One of the most difficult challenges facing most healthcare […]

Healthcare Debt Collection Made Simple! For any healthcare practice, collections is a key area. Without a successful collections system, paying for essentials to keep the practice running is impossible. There are several reasons why so many practices today are struggling to stay afloat and keep cash flowing. From inefficient invoicing to a poorly implemented collection […]

Healthcare Payment Processing to Move Us Forward! Hospitals around the country are struggling to cope with the current crisis. Rural hospitals were struggling well before that. With insurance, regulations, and quality of care, these facilities can’t keep pace with the overwhelming amount of paperwork. Their systems just weren’t designed to handle it. These facilities need […]