Andrew Serge from Saratoga Hospital discusses how they streamlined payment processes for registrars and patients by accepting any form of payment. Saratoga has seen a 50 percent increase in POS collections after implementation.
Imagine this scenario: the patient’s insurance has been verified, demographics confirmed, estimated liability calculated, and financial counseling concluded. Now it’s time to collect the amount owed at the point-of-service. How can you easily leverage all of this information to collect an accurate and timely payment?
PaymentSafe® simplifies and streamlines what was once a cumbersome, disjointed collection process by automatically incorporating data gathered throughout the revenue cycle. When you add in point-to-point encryption, the solution enables not only timely payments, but also secure ones. Payment will be made before your patient goes home with the PaymentSafe payment processing solution.
PaymentSafe provides an efficient and seamless way to process patient payments. It's easy for both staff and patients to us - and it keeps you in control.
The PaymentSafe automated payment processing solution helps you collect more revenue, earlier in the revenue cycle, and avoid bad debt.
PaymentSafe simplifies an often disjointed collections process by leveraging data throughout your organization. The account history option pre-populates outstanding balances from previous visits across your system, so your financial counselors are able to collect the total due for all encounters, not just the current visit. Remittance files are automatically included as well, so you’re certain every collection is properly posted in a timely way.
Money can be accepted anywhere in the enterprise, everywhere in the revenue cycle. eChecking, signature debit, credit, recurring billing, cash, check and money orders are payment options available via a simple-to-use web tool using workstations, kiosks and portals. All payments are settled automatically and remitted electronically.
Point-to-point encryption means cardholder data is secure from the second it’s swiped or entered into our PCI compliant credit card devices. Our security measures provide better compliance, and more peace-of-mind.