Medical Payment Solutions
When it comes to medical payments, give your clients everything they need to pay their bills.
With today’s higher medical deductibles, patient co-payments, and co-insurance amounts, 35 percent or more of a provider organization’s potential income may come directly from their patients. Consumers expect transparent billing and convenient payment options. Offering multiple ways for patients to pay their medical bills gives your clients everything they need to easily access, understand, and complete medical payment operations, allowing more patients to pay quicker and ensuring you obtain their payments on-time.
Whatever your client needs, we aim to enhance your existing payment systems to create an expanded patient medical payment solutions tailored to your patient’s needs. We offer various medical payment methods, including Interactive Voice Response (IVR), Quick Response codes (QR), white label payment gateway solutions, and more!
Give your clients options they prefer. Improve your patient satisfaction levels and medical payment collection rates by reducing frustrations for your hospitals, medical practices, and, patient organizations. Offer your patients clear, simple payment methods, not roadblocks, and understand your patient’s needs, so we can provide you and your clients with better medical payment solutions that reflect your high-quality, patient-centric organization.
Securely Accept Payments Within Your Patient Statements
MailMyStatements offers our clients a friction-less experience so your patients can pay with confidence no matter what channel they choose. That’s why we’ve partnered with Clearent, a leader in payment technologies and services, to provide you with integrated and secure payment acceptance.
Streamline Your Operations & Save
Having features like Credit Card on File (CCOF) that allows you to securely store patient cards for easy future billings, allowing your business to set up patient payment plans, instead of calling for collections every month. You can now create an automatic payment schedule that will automatically run the scheduled payments until the balance is fulfilled.
In addition to the Credit Card on File capability, you won’t need to re-enter transaction information, saving you time on reconciliation. you can process transactions seamlessly inside your customized “EasyAdmin” Portal.
Branded Payment Sites
Branded Payment Sites are a white label payment gateway that provide an online self-service customer payment application that can be fully branded with your logo, colors, and style to become part of your existing website. Our Branded Payment Sites provide a comprehensive and secure method for your customers to pay their electronic patient statements online 24-hours a day, 7-days a week.
Centralized and real-time payment reporting provides enterprise visibility, giving your customers access to the information they need while putting them at ease. Integration with preexisting billing applications speeds payment acceptance and can automate payment posting to the correct account. Patients can even opt-in to receive future bills or communications electronically through the white label payment gateway – further reducing your future billing and communications costs while providing them with a solution that works best for their needs. Enabling online payments has proved to reduce days sales outstanding (DSO), improve consumer satisfaction, and ease the payment posting process, all while maintaining a seamless user experience.
Accept payments online or over the phone with a website that can be fully branded by your business.
Mobile Payments Offer Flexibility.
Mobile payments have increased dramatically in recent years because of security and convenience. Research shows that in 2011, mobile payments accounted for 2 percent of all consumer payments. By 2015, that number had jumped to over 20 percent and is still rising. Mobile payments allow patients to self-manage their medical bills without the hassle of creating an account and logging in every time. They can also make payments on-the-go or during any time of the day.
Mobile payment methods and mobile-specific payment portals and apps is the solution the healthcare field needs, making paying and understanding your medical bills just as easy as paying your utilities online.
In 2016 it was reported,
68% of consumers were quoted as preferring electronic payment methods and 20% are already making payments on a mobile device.
We’re not predicting the future… the future is already here. To satisfy rising consumer demand and help reduce turnaround, a mobile payment solution is essential.
Text To Pay
Texting is one of the most popular methods of communication, which is why a Text-to-Pay patient payment feature is essential and appeals to most modern clients. Sending a text reminder for medical payments generates a higher probability that your patients will receive and read the message, compared to a paper or eStatement getting lost in the mail or email inboxes. Text-to-Pay simplifies the entire payment collection process. Reach your patients any time and allow them to respond with payments at their easiest convenience! Coming in summer 2020, this technology-driven payment feature can improve your organization’s revenue collection faster and more efficiently.
Learn more about the Text-to-Pay payment feature in our upcoming blogs.