Accepting Credit Cards at Your Medical Practice Is Easier Than You Think

If your medical practice is still a cash-and-checks-only operation, you're missing out on patient payment options that could help boost your revenue stream, simplify your overall operation and keep your patients satisfied.  

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Accepting Credit Cards at Your Medical Practice Is Easier Than You Think

Jun 26, 2017

Accepting Credit Cards at Your Medical Practice Is Easier Than You Think

If your medical practice is still a cash-and-checks-only operation, you're missing out on patient payment options that could help boost your revenue stream, simplify your overall operation and keep your patients satisfied. The solution: accept credit cards.

An experienced, full-service payment processor can help you implement simple payment solutions that go beyond payment cards to include automated patient payments and ACH processing. This means you can receive payment without billing or long wait times — and your patients will enjoy the convenience of paying the way they prefer.

Some important payment tools that can help your practice collect more payments include:

  • Acceptance of all major credit and signature debit cards, including HSA/FSA cards;
  • EMV® "chip" card technology;
  • Check conversion through ACH; 
  • Collection of post-adjudicated balances;
  • Payment gateway for online credit card processing;
  • Patient card-on-file program as well as recurring billing plans;
  • End-to-end encryption to help keep each transaction safe from start to finish;
  • PCI compliance program to ensure that your processing is as secure as possible;
  • Card Compromise Assistance Plan to help cover expenses in the event of a data breach.

If you're new to credit card processing, TSYS® understands how confusing it can be. But you can rely on our decades of experience helping medical practices like yours ease their way into the process.

For example, we can start you off with accepting card-present payments that include credit, debit and HSA/FSA cards at the point of service. You may also want to consider adding automated patient payments, also known as recurring payments, that allow patients to pay down their balance by an agreed upon amount each month. We can even provide you with flexible and efficient solutions that integrate seamlessly with your existing practice management system.

With health insurance deductibles and patient responsibility for payments on the rise, you need a processor with healthcare and payment expertise on your side to provide customized solutions. We have the dedicated resources, backed by in-depth industry and product knowledge, to identify the best payment processing options for your practice.

We're ready to handle the payment acceptance side of your practice so you and your staff can concentrate on what really matters — meeting the healthcare needs of your patients. Optimize your patient collection efforts by talking with one of our representatives today about the many options we offer and how they can fulfill the unique requirements of your practice.

EMV is a registered trademark or trademark of EMVCo LLC in the United States and other countries. www.EMVCo.com