Recent Industry and Company News
Maine Medical Society Announces Strategic Partnership with CHIPD Medical Payments
October 20, 2020 – Maine Medical Society announces a partnership with CHIPD, a leading payment processing provider dedicated to accelerating the adoption of value-based payment methodologies within the healthcare industry… With this partnership, Maine Medical Society will provide its members with opportunities to improve their patient payment experience and help providers collect on patient invoices faster and with less effort. CHIPD’s [...]
PAHCOM Announces Strategic Partnership with CHIPD
Contact: Simon Chambers 800-451-9311 [email protected] For Immediate Release PAHCOM Announces Strategic Partnership with CHIPD Association continues to lead a healthcare revolution through CHIPD payment tools Lady Lake, FL | June 9, 2020 – PAHCOM announces a partnership with CHIPD, a leading payment processing provider dedicated to accelerating the adoption of value-based payment methodologies. With this partnership, [...]
Don’t Allow Revenue Cycle To Stall During Covid-19 Outbreak
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 [...]
Pay Now! Speed Up Payments With A Simple Website Button
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 [...]
How Recurring Payments Will Improve Revenue Cycle Management
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 [...]
Should Your Business Accept American Express?
(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 [...]