As insurance reimbursement rates decline and operating costs rise, the business of medicine gets complicated. Primary care physicians face many challenges today caused by these and other factors. One such factor being the demand created by millions more Americans, previously uninsured (or under-insured), now having access to care due to the Affordable Care Act. The increased call for providers to serve a greater population of patients — and do more with less — makes practice efficiency of the utmost importance for it to succeed.
As a provider, the challenge of serving more patients can put a strain on your time and create added responsibilities for your administrative staff. The key to addressing these challenges is to improve the efficiency of your practice which will also enable you to keep your patients’ care as your top priority.
Working closely with our referral partners, TransFirst® provides customized point-of-sale and online credit card processing solutions for health and public service integrations. Our payment processing solutions can be seamlessly integrated with our sales partners’ products and services to meet the specific requirements of your practice.
You’re probably already familiar with practice management software that can help simplify office workflow. Chances are if you’re not already using it in your practice that you are shopping around for suitable options. You may not be aware that billing features are built into most medical practice management software solutions. Activating the billing features can be extremely simple and they may already be installed in your software, just waiting to be used.
In-house billing gives you control over the billing cycle and is a cost-effective alternative to outsource billing. Secure, easy-to-use payment systems can save your time and attention, and increase the accuracy, cash flow and bottom line to help improve your practice’s financial well-being. Managed payments can improve collections and reduce bad debt. Plus revenues are maximized by collecting payment at multiple points of service and post service.
Payment processing with TransFirst provides payment convenience by enabling you to accept credit, debit and HSA cards. Emailed statements and reminders make payments easier and with recurring and scheduled payments, your patients will know what to expect — which can help them manage their finances and increase their level of satisfaction.
Whether you collect payments online or offline, TransFirst has a payment solution that can meet your specific needs. For additional information, complete the form on this page and speak to one of our knowledgeable representatives who can answer your questions about healthcare payment processing.