Healthcare providers that are serious about capturing payments at the time of service are increasingly accepting credit and debit cards in order to provide patients the option of paying deductibles and co-pays with a card.
With their permission, patients' credit or debit cards can also be billed for deductibles, coinsurance and other balances after the time of service. Some practices are even taking card payments on their websites, facilitating the sale of ancillary services or the reduction of outstanding balances. In the process, they are enjoying many benefits, including:
Improved cash flow - When you receive payment for services at the time they're rendered, there's more cash available to sustain and grow your practice.
Reduced billing costs - When charges are paid up front, your staff isn't tied up creating, mailing and following up on invoices.
"At one time, all that was really important was for your front desk to get a copy of the patient's insurance card. Now, they usually need to investigate further."
PNC Merchant Services offers two ways to get your business started with processing card payments. Choose either way – no matter whether this is your first time accepting cards or if you are already accepting cards through another service.
Businesses with basic card processing needs can use our online application to set up your account and choose equipment. Learn more about available options and apply online. »
Customized Payment Processing:
For more complex or specialized business needs, we also offer custom payment processing services built around your specific requirements. A PNC Merchant Services representative will work with you to understand how your business receives and directs incoming customer payments. Get started »
Now, they usually need to investigate further: Is this a Health Savings Account? Has the patient met the deductible? Do co-pays apply? What payments need to be collected?
PNC Merchant Services® understands that generic financial services are not always the right prescription for the unique needs of healthcare practices. Solutions offered by PNC Merchant Services that can help you accept credit and debit cards for patient co-pays and deductibles include:
Add a keypad to the terminal and you can easily process PIN debit cards as well. Take advantage of additional functionality and convert your patients' paper checks into an electronic payment.
Interested in applying for a new merchant account and purchasing a terminal today?
A virtual terminal also reduces terminal redundancy, thus freeing up more counter space.
Your patient is happy, and the practice benefits from improved cash flow through faster funding.
Clover Check Acceptance provides peace of mind against fraudulent and returned checks by combining the industry's most sophisticated check acceptance risk management system with a warranty service option for returned check liability. Accepting and processing check payments becomes as quick, safe and easy as accepting credit cards. Clover Check Acceptance can also improve operational efficiency by reducing trips to the bank and streamlining back-office operations.
They are especially effective for elective medical procedures (like cosmetic surgery, chiropractic treatments and some dental procedures) that aren't covered by most insurance carriers.
Next-day funding - Get next-day funding on payment transactions while giving your patients the payment flexibility they want.
Industry-specific solutions - Utilizing industry-specific research and data, we create solutions customized to the specific needs of medical, dental and veterinary practices. For example, A-Claim®, our end-to-end revenue cycle management solution, allows you to not only process card payments, but also verify benefits eligibility and even offer patient payment plans.
Personalized attention - PNC Healthcare Business Bankers and Merchant Services Account Executives understand the unique demands of healthcare practices, and are armed with solutions to help you run your practice more efficiently.
Product Solutions - PNC Merchant Services offers a wide variety of payment acceptance, processing and reporting solutions for healthcare.
If you're ready to get serious about card payment acceptance, it's time to talk with PNC Merchant Services. We offer a wide range of solutions designed to help you better manage the financial health of your practice. This way, you can focus on what really matters: the health of your patients.
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Merchant Services provided by PNC Merchant Services Company and are subject to credit approval. PNC Merchant Services is a registered trademark of The PNC Financial Services Group, Inc.