Today, we're tackling a question that has major implications for health care facilities and their executives. Can you boost revenue without increasing patient volume? Secure Bill Pay is here with the answer
You'll be pleased to know the answer is yes, as long as you have the right payment solution. Expanding options for patients through online self-service portals and recurring card-on-file payments means capturing more revenue and removing potential roadblocks in the payment process. Simply put, accepting debit and credit cards at the point of service can significantly reduce accounts receivable and boost revenue without adding more patients.
Health care dynamics are evolving and administrative offices need to take on a business mentality. Implementing the right patient payment solution can be the answer to boosting revenue without increasing patient volume. By optimizing your payment solution with effective tools like online bill pay and card authorization payment plans, you can realize higher revenue without expanding operations or adding more patients.