More Payment Options More Revenue
“Physicians typically collect only about 50% of outstanding patient balances, resulting in almost $60 billion in bad debt annually.” McKinsey & Company
According to the AMA and several other recent studies, it’s getting harder and harder to collect money from patients. What if you could increase patient satisfaction, reduce costs, get paid faster, collect more than 50% - and provide enhanced security for your patient’s billing information - all at the same time?
Benefits of ChoicePay™
• Web based – easy to use
• Get paid faster
• Reduce Costs
• Increase Patient Satisfaction
• Compatible with any HL7 Practice Management System
• Both HIPAA and PCI Compliant
• Funds deposited directly into the provider’s bank account Healthestatements™ and Patient Payment Portal (optional)