Five Tips for Success in the Healthcare Industry

a doctor using his phone

Few people go into healthcare because they want to manage payments, but it’s a reality that practitioners have to face if they want to run a successful business.

A successful practice requires straightforward and stress-free payment collection methods. Patients want flexibility in how and when they pay for services, which puts pressure on healthcare providers to offer multiple ways and methods for payment.

A versatile payment solution can help increase your cash flow, make it easier for your patients, and give you business analytics you can use to improve your practice. Here are some tips on how to successfully navigate the revenue side of your healthcare business.

  1. Offer Patients Flexible Ways to Pay: With today’s technology, people have different preferences for how they want to pay for services. Some prefer to do it on the phone, others online, and others in the office.

With Celero Connect, patients can remit payment in a variety of different ways. Celero Connect gives patients options to pay over the phone, online, in-person, or in other ways. It also securely stores customer information.

  1. Give Yourself Flexibility to Accept Payment: You need flexibility, just like your patients. Healthcare providers need payment solutions that allow them to accept payment from any location. SwipeSimple can help with that! It offers full register service, a handheld terminal option, or the ability to take payment on a personal laptop, phone, or tablet.
  2. Take Advantage of Recurring Payments: If you provide services to patients on a recurring basis, it can be a pain to deal with the continuous need to keep up with payments. Consider a solution that includes the option to schedule recurring payments for regularly scheduled appointments and electronic invoicing – like Celero Connect.
  3. Automate Payment Reminders: It also takes time and adds stress to remind patients about outstanding payments owed. Connect can help with that as well through its automated payment reminder feature.
  4. Choose a Payment Solution that Integrates with Your Books: Finally, make sure you can spend more time with patients and less on your books by selecting a solution that integrates with Quickbooks. Connect integrates with QuickBooks to record transactions, create accounting entries, generate reports, and more.

Finding the right payment solution for your healthcare business can be tricky. A good payment solution can help improve your business and relieve stress so you can focus on your patients.

Celero wants to help you find the best options for your business, so contact us today and learn more about our healthcare business solutions.