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Veterinary clinics face many challenges beyond caring for animals. One significant aspect is payment processing, a critical function for any practice. Efficient payment processing ensures that the practice runs smoothly and continues to provide excellent care for pets. However, high transaction fees, disputed charges, and the necessity of maintaining PCI compliance can eat into profits and take staff away from customer-facing activities. This blog explores these common challenges and offers insights into navigating them effectively.
READ MOREThe healthcare insurance industry’s embrace of High-Deductible Health Plans (HDHPs) means an increasing number of patients are responsible for paying for most medical services before plan benefits fully kick in. Your medical practice should consider recurring billing to lessen the upfront financial burden on patients.
READ MOREMedical payments are confusing: Explanation of Benefits (EOB) statements, co-pays, prescription coverage, Medicare plans, separate bills for doctors vs. labs, HDHP, HSA, FSA. The list goes on. It’s no wonder that recent surveys found nearly 40% of Americans are confused by medical bills.
READ MOREDental practices continually invest in tools, technology and procedures to better manage patients' health while boosting staff productivity. Replacing outdated systems and mundane paper-based office tasks with time-saving solutions frees employees to focus on activities that drive value.
READ MOREMarketplace Physical Therapy is a holistic therapy and wellness center specializing in Orthopedic, Metabolic and Neurological Rehabilitation. Michael Rappaport founded the practice in 2003. It has grown to 5 locations in Southern California’s inland empire region.
READ MOREIn recent years, we've seen a surge in contactless and digital payments, with consumers favoring the convenience of online remittance, smartphones, wearables and mobile wallets. These changes in consumer behavior have reshaped how dental practices manage payment acceptance at reception or through the back office.
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