Credit Card Processing

Producing and mailing paper copies of patient bills can be expensive. Choosing to accept credit and debit cards can reduce delinquent and uncollectible amounts.

Money & Credit

Credit Card Processing - The Benefits to You and Your Patients

Allowing patients to pay with plastic (credit and debit) is convenient for them and can positively impact your bottom line.

More and more, patients want to pay with a credit or debit card. It is a convenient mode of payment and today's consumer expects to have this payment option available. Additionally, many employer Section 125 Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) issue members debit cards for out-of-pocket healthcare expenses such as co-pays and eligible health-related purchases.

If the patient is unable to use a credit/debit card to make a payment, they'll have to file the appropriate paperwork to get reimbursed which can be a big inconvenience. It may also be a deterrent to visiting your practice for care.

A credit card processing account, or merchant account, allows you to accept credit/debit cards for payment in your practice. Credit card payments can reduce your operational costs while lowering incidence of delinquent and uncollectable accounts as well as improving cash flow through prompt receipt of cash.

Find out more about credit card processing – and how NCMIC can help - by clicking here. NCMIC offers DCs an affordable option with state-of-the-art equipment. And our easy set-up can be handled over the phone. It's that easy!

The information in the NCMIC Learning Center is offered solely for general information and educational purposes. It is not offered as, nor does it represent, legal or professional advice. Neither does this information constitute a guideline, practice parameter or standard of care. You should not act or rely upon this information without seeking the advice of an attorney familiar with the specific legal requirements of the state(s) in which you practice. If there is a discrepancy between the site and an insurance policy you have with NCMIC, the policy will prevail.