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I participated in a  CCOF presentation and it was very interesting.  This was a plan for physician offices to set up a Credit Card On File gateway for patients to keep on file with the office, in the event that they have a balance after insurances cover their costs. 

This plan will allow the office to present this to the patients, have an authorization on file for the use of this particular credit card to pay their balance, and the software used for this program will encrypt what is on file. 

Putting this plan into place definitely has its benefits.  It will save the physicians from sending out statements to patients, and will alleviate the patient from paying for postage and mailing in a check.

All credit card files will have a cap on them as to what the office can charge on it, and everything over that the patient will have to be notified before anything can be done.

Call Advanced Medical Claim & Collection, or email us if this is a system that you would like to implement in your practice.  We will help you get started.

 

 

Posted in: The Pulse

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