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.

Use mobile payments to scale your business for rapid growth!

Increase on-time payments with proper healthcare payment processing

Partnership continues REPAY’s healthcare expansion with full-service accounts receivable management solutions.

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 more information about how these collections can be made easier with a payment processor, then continue reading today!

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 out-of-pocket costs increased almost 230% from 2006 to 2015.

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 revenue must find ways to improve the patient payment experience.

CBOS- Log In