Are you tired of losing 10% or more of your treatment fee to 3rd party finance companies? PaymentBanc has the answer for you!
PaymentBanc is an alternative to 3rd party financing for expensive medical procedures. PaymentBanc gives you the ability to have an in-office payment plan without creating extra work for your staff. We also give you the ability to know your patient’s credit risk before you extend payment options.
Step 1: Determine Credit Risk – PaymentBanc gives offices the option of running quick, simple credit checks. These will not affect your patient’s credit score while they give valuable information to determine payment plans. You get a letter grade risk level not a credit report, making it possible for anyone to take the correct action on each patient.
Step 2: Offer Payment Terms – Once an office decides to offer payment terms to patient, PaymentBanc will completely manage that account. Payments are drafted directly from the patient's checking account or credit card and deposited into your office bank account each month. If the payment fails for any reason, PaymentBanc contacts the responsible party and schedules a follow-up draft. Patients can even print receipts directly from PaymentBanc’s secure website.
PaymentBanc helps your staff spend less time managing payments and more time managing their other office duties. Our system helps you tailor a payment solution for each of your patients based on their ability to pay, and we handle all aspects of those payments.
Contact us today at 888-758-0583 to learn more.
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