Download presentation
Presentation is loading. Please wait.
Published byClemence Richard Modified over 9 years ago
1
HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices
2
Our Mission at HealthTranz Payment Solutions Provide a System To Enable You To: Create a “statement-less” practice Completely eliminate Delinquent Accounts Reduce time spent on routine tasks Always know what your cash flow is Concentrate on patient care not runaway overhead Realize Financial Freedom
3
HealthTranz Payment Solutions A complete system to help healthcare practices: Provide every possible patient payment option via one web portal Check insurance eligibility online System available 24/7 Check next days appointments today Reduce costly time wasting phone calls Credit/debit cards at low rates and Check Guarantee and Conversion Minimize credit card processing charges Eliminate bounced checks Recurring Payment Plans Receive payments through a Web site Accept “check-by-phone” and credit card payments over the phone Automate monthly payments from un-insured and under-insured patients Eliminate any need to send out costly statements
4
HealthTranz Payment Solutions Complete Patient Financing Options Create in-house plan where practice earns 18% interest but we do the billing and collecting Create non-recourse loans where we buy the loan No interest financing available for your patients Create your own payment plans which automatically draws from patient credit card or checking Get hard to approve patients accepted Automated Account Recovery Service Clean up any accounts receivable challenges Submit any account to the service via the web portal Collect more money for less cost and free up your office personnel for other tasks Much more effective than collection agencies at a much lower cost
5
HealthTranz Payment Solutions Electronic Claims Receive insurance reimbursement faster by submitting claims electronically On line checking of claim status – reduce costly phone calls Integrate with practice management systems Works in conjunction with Eligibility Verification Medical Billing for Dental Practices We take the hassle out of submitting medical claims by providing that service for you Increase claim reimbursement up to 300% Increase patient treatment plan acceptance You provide the diagnosis and treatment, we take care of code translation and working with the insurance companies to get you paid
6
HealthTranz Payment Solutions Equipment Leasing Superior rates for HealthTranz customers Possible immediate approval for line of credit with equipment lease Dental Practice Optimizer Real time monitoring of practice vital signs Practice valuation report Insurance to cash revenue analysis Real time analysis of cash flow One location to manage all business, regulatory, and financial aspects of your dental practice
7
How Does HealthTranz Work? Web Portal integrates all the services you need for your patient financial transaction Login to HealthTranz Homepage and gain access to the services that you have available Click on the Service you need Perform the task When complete you are back to the Homepage
8
Customer Log in Screen
9
Choose the service you need – Patient Insurance Eligibility
10
Patient Eligibility – Enter brief patient info to send request
11
Eligibility Request – Fill in blanks or use drop down menus
12
271 Eligibility Response
13
Information dependent on Payer
14
Eligibility Verification Benefits Cut down on costly, time consuming phone calls Submit a batch of requests at one time Check eligibility before patient arrives for appointment Increases office productivity Reduces costs Greater patient satisfaction
15
Choose the service you need – Recurring Payments
16
Recurring Payments Home Page
17
Add Patients
18
Create Payments
19
Receive Payments Online
20
Review Deposit Reports
21
Specifics Can generate and receive one-time, post-dated, online, or automated payment plans Can deduct payments from a checking, savings, or credit card account Checking/Savings transactions take 72 hours to settle, then direct deposited into practice’s account Credit Cards are instantly verified, then deposited into practice’s account within 48 hour
22
Allows Patients To: Pay their portion of the bill – Electronically Divide large balances into affordable payments With affordable payments, patients can pay for treatments not covered by insurance They will thank you for providing multiple payment options and arrangements
23
Practice Benefits Accept payments electronically Decrease delinquent receivables Automate payment plans Increase Revenue Decrease “Bad Debt” Write off
24
Choose the service you need – Patient Financing
25
Patient Financing – Choose your option
26
On line Credit Application
27
Patient Financing Benefits Accept A-D credit patients No interest programs available Special program where the practice earns the interest Quick approvals Flexible terms Term and Revolving Loans available
28
Choose the service you need – Account Recovery
29
Account Recovery - MaxCollect Homepage
30
Accounts Receivable Recovery System
31
How we recover your money
32
Leveraging technology
33
Why are we better?
34
HealthTranz PS – expandable to meet your needs
35
HealthTranz PS Summary Total Payment Solution providing all possible options for the patient financial transaction in one easy to use web portal One vendor call for any support issues or questions Useable from any computer with internet access Safe and secure interface Provides maximum return on investment Allows you to create a “statement-less” practice Puts you in total control of your cash flow The system pays you to use it! Financial Freedom
36
QUESTIONS? Let’s get started
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.