Offer Flexible Payment Options to Your Patients
Offer Flexible Payment Options to Your Patients
In today’s fast-paced world, managing healthcare costs can be challenging for patients, with nearly 1 in 4 Americans unable to pay a medical bill of $400 or more. At PayGround, we recognize the importance of financial flexibility, which is why we offer no-interest payment plans—created specifically for providers and their patients.
Our payment plans enable healthcare providers to offer patients a simple way to pay their balance over time. The process is seamless — funds are automatically withdrawn on a monthly basis from the securely stored payment method, based on the minimums set by your organization. Patients will receive detailed receipts, including transaction amounts and remaining balances, ensuring transparency. Once the balance is settled, the recurring payments wrap up automatically, making it a hassle-free solution.
For consumers, the ease of opting into these payment plans is even more significant. Patients can select to participate directly via the Consumer Secure Pay flow when prompted by a digital payment request from the PayGround platform, as long as their balance meets the specified minimums.
Additionally, our payment plan feature streamlines the entire billing process. It enhances efficiency by easily associating invoices with payment plans, significantly reducing errors. Payments are automatically applied to relevant invoices, and we’ve incorporated intuitive navigation links for effortless access to invoice search results and details.
All of this is seamlessly managed within the PayGround platform, providing a comprehensive solution for both providers and patients. Not only can patients opt into flexible payment plans, but healthcare providers also have the ability to collect payments on-site, online, or via digital requests. This versatility ensures that regardless of how patients prefer to interact, their payment experience is streamlined and convenient. With just a few clicks, providers can create payment requests and patients can easily manage their payment options directly through the PayGround interface, enhancing the overall efficiency of financial transactions in the healthcare setting.
Ready to transform your billing experience and provide your patients with flexible payment options? Click here to schedule a demo and discover how PayGround can enhance your practice today!