Generate Recurring Revenue
Offering flexible payment options both at the point of service and beyond helps increase collections and improves patient satisfaction.
With MPV Patient Portion Pricer's merchant services capabilities, healthcare organizations can extend added convenience to patients by providing a variety of credit and debit payment options. Once an estimate is generated in the system, users can quickly and easily complete credit card transactions for patient fees with a simple click and swipe.
In addition to delivering all of the benefits of a traditional credit card processing solution, MPV's merchant services offering also enables users to securely store patient credit card information and establish recurring payment schedules for current or past due balances. This safe, PCI-compliant approach not only eliminates the need for healthcare providers to produce and send billing statements each month, but it also streamlines the payment process for patients since they no longer need to manage the hassles associated with mailing paper checks and coupons each month.
Additional benefits include:
- Fewer patient write-offs
- Ability to automate patient payments
- Lower collection costs
- Reduced security risks with PCI-compliant approach
- Improved patient loyalty
