Integrating your payment methods with your healthcare platform means connecting your primary form of payment processing with your Practice Management Software and Electronic Health Records (EHR) system.
Why Is EHR Payment Integration Important?
Payment integration keeps your payments in the same digital space as your EHR patient records and medical billing, making the client journey and accounting process much smoother.
How Does EHR Payment Integration work?
Payment integration seamlessly enables your EHR payment platform to “talk” to your EHR billing or patient records platform by connecting your accounting operations and making patient payment tracking easier.
How Is Patient Payment Information Captured?
When the patient onboards, payment information can be entered manually or uploaded automatically, including one-time or recurring payments. The payment integration also offers bundled services or program options.
What Methods of Payments Work?
EHR payment integration enables the safe and secure storage of credit and debit cards, HSA and FSA cards and virtual card numbers. It can also keep multiple cards on file in case a patient wants to use more than one card for payment.
Five Key Benefits of Integrating Payments
- Collect payments faster and easier. This helps improve your practice’s financial performance while cutting costs and reducing the need for debt collection.
- Allow patients to choose how and when they pay. Integrated payment methods include credit and debit cards, mobile app payments (e.g., Apple Pay and Google Pay), patient portals, and mobile wallets, among others. It also enables prepayment and installment options.
- Seamlessly integrate medical billing with payments. This includes a variety of healthcare applications, including Web-based portals, mobile patient applications, cloud-based medical billing solutions, banking gateways, financial analytics platforms, and more.
- Reduce missed appointments. If patients opt to pre-pay for their appointments, they are far less likely to miss appointments. Accepting pre-payments is also considered more ethical and efficient than charging patients for no-shows.
- Meet compliance. The Centers for Medicare & Medicaid Services require organizations to share healthcare information with patients electronically via their smartphones, tablets or computers.
Integrating payments into your healthcare platform also decreases staff time to match payments to corresponding bills as well as reduces the risk of human error and potential data breaches of patients’ payment information.
Join the Cutting-Edge of Healthcare
Effortless communication between all technology platforms is a top priority for healthcare organizations that are working hard to follow industry best practices as well as meet compliance. In fact, according to a Deloitte Center for Health Solutions survey, consumer-centric care and interoperability are the keys to future success in healthcare.
Want to get started integrating payments into your healthcare platform today?
PayNation can help! Whether you currently have a payments processor or are new to B2B payments, connect with PayNation today.
Extend Your Reach and Revenue with PayNation
- Streamline your payments.
- Gain a unified solution that simplifies the payments process. PayNation removes the complexity of dealing with multiple vendors, getting your payments to you faster.
- Gain single-source success.
- Use a single source for your payment platform, merchant account options and equipment. PayNation has a proven track record as a one-stop-shop for its customers.
- Increase payments security.
- Protect your customers and your business with PayNation’s exceptional security. Its frequent intensive penetration testing ensures that your business complies with all PCI DSS standards.
- Enable omni-channel processing.
- Accept B2B payments from virtually anywhere. PayNation enables multiple customer interaction points, including e-commerce and in-store.
- Integrate with your ERP and accounting solutions.
- Integrate your B2C or B2B payment processing with your existing ERP and accounting solutions. PayNation helps you access information the way you want while improving the speed of receiving payments.
- Automate payments processing.
- Reduce time spent on billing and reconciliation. PayNation delivers an all-in-one automated solution that improves efficiency by automating accounting processes.
