Health iPASS Revenue Cycle Insights

Sick of Payment Processor Charges and Hidden Fees? Announcing HiPPAY!

Posted by Allyson Howard on Dec 30, 2019 12:16:47 PM

Payment processing fees are a necessary evil for any business that accepts credit or debit cards. Most merchant processors charge a percentage rate based on the total dollar amount of the charge as well as a per-transaction fee. Some even charge an additional subscription fee for their service. High-volume practices are plagued by the per-transaction fees, and practices with high-dollar services, such as orthopedic surgeons,  are overwhelmed by the percentages that claim bigger chunks of would-be revenue. Either way, providers are often hit by a mountain of unanticipated fees when they see a statement from their payment processor.

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Topics: patient payment, Health iPASS features, payment processors, HiPPAY

Deductible Resets Are Coming In January to Freeze Up Your Operating Income: Are You Prepared?

Posted by Allyson Howard on Nov 8, 2019 10:30:00 AM

As any home or vehicle owner knows, preparing for the big freeze ahead of the winter months can save you countless headaches and unexpected bills. For example, last year during the midwestern polar vortex I had a toilet pipe that went through my garage wall freeze due to poor insultation. Luckily, we were able to get it fixed before the pipe burst, to the tune of about $600. You can bet that we are more prepared this year with better insulation and a garage space heater. If you would spend the time to winterproof your major investments like homes and cars, then why not your medical practice?

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Topics: price transparency, card on file, deductible resets, Health iPASS features

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