PATIENT PAYMENT PLAN™
Medical providers can immediately increase their revenues with a new service that allows them to deduct monthly payments quickly, automatically and directly from their patients' checking accounts.
The Problem: Collecting Money From Patients
Even with insurance claims a significant portion of a doctor's income comes directly from their patients. The problem is that many of these patients do not have the money to pay for treatment right away. This immediately forces doctors to either extend credit to patients or refuse to treat them.
It is a well known fact that not every visit by every patient is covered by insurance 100%. Statistics show 31% of Americans do not carry any health insurance at all. These patients have no option but to pay for medical treatment out of their pocket. Statistics have proven on average that doctors only collect 49% of the money their patients owe them. What if doctors could collect 98% of the money they were owed guaranteed?
How Bad Is This Problem For You?
Doctors often do not consider how much money they are leaving on the table by using their current methods to handle this situation.
The Solution: The Patient Payment PlanTM
Finally, there is a solution to this problem. The Patient Payment PlanTM (PPP) is revolutionizing the way doctors across the country collect money from their patients. It allows them to collect a significantly higher portion of the money that they have already earned, in most cases 98% of that money. All of this can be done without alienating or harassing patients, and without burdensome overhead expenses. In fact, the PPP has no ongoing expense or cost to the doctor. Now patients have the ability to make affordable monthly payments without the need to apply for credit or go through a lengthy approval process. These payments are then automatically taken out of their bank account each month until their bill is paid.
Extremely Easy To Implement Into Your Practice
There is no invoicing to handle, no waiting for checks to be mailed in, no embarrassing follow-up calls for staff members to make requiring them to badger or threaten patients for money. No mess. No fuss. Doctors just get their money on time for a change.
"I am more willing to extend credit to my patients, because I am certain that the Patient Payment Plan will collect my fees. In fact my collection rate with this service is almost 98%. I expect my revenue to increase by $50,000 this year…”
N. Becker, DDS
"This system has dramatically decreased patient delinquency. The patient no longer has to mail his bill back on time.”
C. Anderson Finance Admin. So. California Hospital
"It's freed up my office staff and now they concentrate more on my patients and their needs!”
M. Carter, D.D.S.
Call today on 703.879.6016 to obtain more details about our Revenue Cycle Management products that we offer to improve your cash flow and allow you more time with your patients or contact us using our form for your FREE Practice Analysis!