The Impact of Healthcare Payment Processing on Medical Practices

The Impact of Healthcare Payment Processing on Medical Practices

Increase on-time payments with proper healthcare payment processing

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How a Payment Processor Can Help Collection Agencies

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

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5 Ways to Improve the Patient Payment Experience

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 revenue must find ways to improve the patient payment experience.

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How to Choose the Right Payment Provider for Credit Unions

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.

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Biggest Payment Processing Challenges for Hospitals in 2021

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.

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Healthcare Cybersecurity in 2021: Top Risks & Best Precautions

Healthcare Cybersecurity in 2021: Top Risks & Best Precautions

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.

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Building Your Member Base in 2021 with Mobile Payments

Building Your Member Base in 2021 with Mobile Payments

The landscape for credit unions and other financial institutions has certainly changed over the past 5 years. In fact, we took a survey back in 2016, asking credit unions their most preferred form of payment, with 68.2% responding that over the phone through a staff member as their number one choice. While this kind of personal service is appreciated by the client, that tends to be one of the costliest and least effective methods of taking payments, especially if you want to grow your business from a local...

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How Credit Unions Can Strengthen Their Member Relationships in 2021

How Credit Unions Can Strengthen Their Member Relationships in 2021

While COVID-19 has deeply impacted many credit unions, many more saw an opportunity to work with their members to ensure they had everything they needed to get through the pandemic. The same can’t be said of some of the more popular banks, like Wells Fargo.

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What Happens When Your Merchant Account Gets Dropped?

What Happens When Your Merchant Account Gets Dropped?

This is something that every business owner dreads, but it happens all the time. Imagine getting a notification from your bank saying they can’t process your business’s payment transactions anymore, effective immediately. They’ve deemed your business “high-risk” and no longer wish to do business with you.

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The Credit Union’s Guide to Mobile and Online Payments

The Credit Union’s Guide to Mobile and Online Payments

Advance your credit union payment processing strategy today!

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