By: Shelby DeCoursey

Is Your Practice in Need of Simplified Payments and Stronger Cash Flow?

, Director of Sales & Marketing

 

Offering various integrated payments methods to your patients directly leads to faster receipts and better a patient/staff experience. Benchmark Solutions has long offered critical tools for managing your practice’s revenue, and with our partnership with Global Payments, it has improved even more.

Benchmark Solutions is always looking for ways to improve the offerings and tools we provide to our clients. These tools allow practices to grow while taking full advantage of cost-saving strategies. We aim to always provide our clients with industry-leading innovations, and advancing our integrated payment options is no exception.

An Integrated Partnership That Makes Operating Your Practice Easier

Benchmark Solutions and Global Payments provide practices with access to the tools they need to make payments faster and more effective for their staff and their patients. The benefits of this integrated payment solution in Benchmark Practice Management (PM) include faster, easier payments and better revenue management.

Depending on what you are using now, we highly encourage you to request a rate comparison with our team. Let us help you determine if we can save you further expenses through this integration.

Why do integrated payments matter?

In many ways, integrated payments benefit service-based healthcare practices and other businesses because they break the disconnect that happens between tools. Have integrated payment solutions allows for an all-around easier payment process, wherever from a POS system, an app, a statement QR code, etc., all the way to the PM system for payment posting and billing.

How does this help your staff?

It’s integrated.

Benchmark Solutions offers an embedded payment infrastructure that is highly secure, and comprehensively flexible and connects directly with Benchmark PM. All payments are synced directly to patient accounts. This eliminates double-entry requirements, saving your staff time and reducing costly errors that slow revenue cycle.

When you invest in this integration within your practice, you can expect bottom-line improvements. This can help ease the payment processing for your staff.

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Simplify Payment Options for Patients

One of the most important reasons to incorporate this resource into your practice workflow is that it offers simplification. Your patients benefit comprehensively:

  • They can store cards on file, making payments faster, even from a mobile device while on the go.
  • Payment plans are accessible. That means a patient can feel comfortable making a smaller payment than what is due, keeping that relationship positive and growing.
  • Auto bill pay is an option making recurring payments a breeze.
  • Payments can be made directly from patient statements by scanning a QR code taking them to a secure payment portal where various payment options are available.

With easier ways to pay, patients are more likely to pay on time, reducing the need to send repeated reminders.

Why Does This Matter?

Reliable checkouts are a necessity.

Revenue cycle management should never be something you wonder about in terms of accuracy or completion. With integration into Benchmark PM, you can expect fast, secure payment processing every time. It also provides mobile point-of-sale capability if you are on the go or visiting patients in remote locations.

 

Competitive rates make it financially sensible.

Every business must factor in costs when choosing these services. We have done the work to determine the best strategies for keeping costs low. By working with Global Payments, we have found a substantial opportunity to reduce costs for practice

 

It’s what your patients expect.

A study from JP Morgan offers some critical insights:

72% of your patients under the age of 35 switch healthcare providers or are willing to do so for a better healthcare payment experience. 62% of consumers prefer to pay their bills online, and they expect you to facilitate it.

 

What Is the Bottom-Line Impact of our Integrated Payment Solutions?

We encourage every practice to reach out to us to learn more about how these integrated payment solutions fit into your practice management strategies. For most of our clients, you can expect:

  • Faster payments: You get faster payments because it is easier for patients to pay you.
  • Operational efficiencies grow: This allows for easier workflows, with less oversight needed leading to fewer mistakes and less time needed.
  • Better payment experiences: Your clients benefit because you’re providing a better patient-focused payment experience.

Unlike standalone payment processors, we’re offering solutions that create a unified workflow process. The result is accuracy, speed, and financial visibility without the need to manage numerous systems.

Ready to dive in? Learn more and request a free, no-obligation rate comparison by filling out the form below.