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Blog2018-11-15T18:27:21-06:00

Recent Industry and Company News

Don’t Allow Revenue Cycle To Stall During Covid-19 Outbreak

By |March 20th, 2020|Categories: Technology|Tags: , |

Amidst the National COVID-19 virus outbreak, most healthcare facilities need to continue their day to day operations. Medical offices, clinics and hospitals are being stretched to their capacity and beyond. Most healthcare providers are searching for ways to continue commerce flowing, while also tending to the needs of their patients. Right now, most medical offices are working with limited [...]

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Pay Now! Speed Up Payments With A Simple Website Button

By |February 10th, 2020|Categories: Uncategorized|

Adding a payment button to your website will speed up payments and make it easier for the patient! First things first, when a patient clicks the “Pay Now” option on your website, it’s going to redirect them to a payment gateway. What is a payment gateway? It is an integration that connects your website to your merchant processor. It’s [...]

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How Recurring Payments Will Improve Revenue Cycle Management

By |January 29th, 2020|Categories: Uncategorized|

When utilizing recurring billing, you can effectively and efficiently collect patient payments. This makes it easier to begin expansion on your practice’s services and will help streamline front-office work! A 2018 ZirMed survey revealed that 86% percent of patients who receive cost estimates said they understand their payment responsibility upfront. The same survey also revealed that over 75% of [...]

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Should Your Business Accept American Express?

By |November 13th, 2018|Categories: Best Practices, Uncategorized|

(The Answer is YES!) For some business owners, they feel like they are taking the right cost-cutting measures. Why take American Express, which charges slightly higher fees, when my customers usually have Visa or MasterCard as a backup? For example, Barry’s Burger Joint decided not to take American Express. When John pays for his dinner for four, the server [...]

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Drop The Signature?

By |June 18th, 2018|Categories: Uncategorized|

Mastercard, Discover, American Express and Visa Ditch Signature Requirement For decades we’ve been signing our names to make purchases at the counter. But now, the sales signature could be as relevant as the 8-track tape player. As of April 2018, the four major credit card companies scrapped requiring signatures after a transaction. For Visa, this only applies to businesses that [...]

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How Long Should A Business Keep Signed Credit Card Receipts?

By |January 2nd, 2018|Categories: Best Practices|

How Long Should A Business Keep Signed Credit Card Receipts? There are two primary reasons to keep signed credit card receipts: Dispute chargebacks Tax purposes Customers have anywhere between 60 days and 18 months to file chargebacks on purchases, depending on the bank that issues the card. Signed receipts are supporting documentation to the bank that the customer agreed [...]

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