If you are a physician working at a private practice and hoping for new patient referrals, a dentist frustrated by unpaid dental bills, or a chiropractor with stubborn patients who refuse to pay on time, you might already be considering investing in a healthcare credit card processing program to ensure that you don’t lose out on any more of your time or money. Everyone who runs a small business is aware of the unique challenges that go along with it. More and more medical professionals are beginning to see the advantages of credit card processing for small business practices, specifically.
75% Increase in Payments
Medical professionals who utilize healthcare credit card payment systems have already reported seeing up to a 75% increase in payments at the time of treatment, rather than later on down the line. They have stated that patients are now much more likely to pay upfront and not avoid their medical bills for as long as they can. Even though studies have proven that people tend to prioritize luxury vacations and charitable donations over paying their medical or dental bills, physicians, dentists, and chiropractors nationwide have noticed considerable benefits to this program.
An average doctor’s office must spend between $7 and $9 per billing if they use the traditional paper method. Administrative time is wasted, and ultimately the physician’s office loses money. Even more distressingly, most clinics and dental care facilities are forced to send out three statements before actually seeing any money from their patient.
Happier Doctors Coast to Coast
Physicians, dentists, and chiropractors in some of the most highly respected medical societies across the country have promoted this system. You can easily learn the strategies necessary to succeed and implement this program in your clinic. Imagine receiving a significant, noticeable increase in payments at the time of treatment. In addition, your patients may be more likely to refer others to your clinic.
You may believe that credit card processing for small business is not relevant to physicians and others who work in the healthcare industry. On the contrary, this system has assisted thousands of medical professionals and is only continuing to grow in popularity.
There are specific problems that come along with running a medical office or clinic. Rely on the professionals to help you cope with these dilemmas and ensure that you get paid what you deserve.