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5 1/2 Ways to Stop Losing Practice Revenue

eGuide

Credit card payments | AdvancedMD

Delighting patients with ease and convenience in paying their bills (through credit card payments) is great for them and can be great for you, but only if you have an unified practice automation system – meaning credit card payment processing is integrated and staff workflow is streamlined – because, without automation, you’ll be losing more money than necessary to maintain high satisfaction. Adding credit card processing to an environment where billing, practice management, patient portals and EHR are poorly integrated creates significant staff inefficiency and labor cost impacts.

This free eBook gives 5 ½ ways to stop losing practice revenue through credit card payments. You’ll learn how to leverage workflow automation to improve reimbursements. Inside, we share why a unified system enables you to move quickly from ‘the old way’ to ‘the new way’ of high efficiency, high satisfaction billing and payment processing. You’ll learn how a unified system ensures one point of contact and responsibility for credit card and practice management systems without the bickering from multiple vendors claiming: “It’s their problem” responses when the system has a hiccup. One vendor is in the bullseye for setup, pricing, and support – saving you valuable time and stress.

Key topics on unified credit card payments discussed inside:

  • Why all billing functions (and workflow) should be unified within practice management
  • How instant and automatic payment posting saves hundreds of dollars per day
  • Modern tools like Patient Billing Wizard let you collect payments via online credit card technologies prior to sending paper statements
  • Tips to collecting payments as an integrated step within the telemedicine visit
  • Leveraging automated patient-facing billing alerts and reminders to increase collections
  • Bonus 1/2 step inside

Get your free copy of 5 ½ Ways to Stop Losing Practice Revenue: Leveraging workflow automaton to improve reimbursement.

Regardless the state of your current payment collection process, implementing these steps within a unified credit card/PM system will at least move you 5 ½ steps closer to converting a money sieve into a money conduit for your practice.


Topic: Patient Experience | Content Type: eGuide

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