GS Logo
The Green Sheet, Inc

Please Log in

A Thing
View Archives

View flipbook of this issue

Care to Share?


Table of Contents

Lead Story

Tools to enhance ISO operations and sales

News

Industry Update

Isis set to launch nationwide

NAB banking on mobile POS

EC proposes interchange cap in EU

If MFA becomes law, what then?

GS bids farewell to one of our own

A hot time in the old town for MWAA

Features

Different sales cultures are obstacles for most but not all

Patti Murphy
ProScribes Inc.

Selling Prepaid

Prepaid in brief

Prepaid to the rescue for Universal Credit

Southwest Airlines lands fraud victory

Views

Is mobile POS for everyone?

Michael Gavin
Merchant Warehouse

Education

Street SmartsSM:
Who moved my margins?

Dale S. Laszig
Castles Technology Co. Ltd.

Seven tips for a successful mass PCI compliance program: Part 1

Michelle Thompson
FirstMerit Bank NA

Legal issues for the SEO-minded ISOs, MLSs

Adam Atlas
Attorney at Law

Company Profile

ShopKeep POS Inc.

Payment Logistics LLC

New Products

Healthcare payments simplified

Priority MedPay
Priority Payment Systems

A platform for payment innovation

PayPros Innovo
Company: PayPros

Inspiration

To risk or not to risk

Departments

Readers Speak

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

August 12, 2013  •  Issue 13:08:01

previous next

New Products

Healthcare payments simplified

Product: Priority MedPay

To increase cash flow efficiency for healthcare providers and make it more convenient for patients to meet their financial responsibilities at the point of care, Priority Payment Systems introduced Priority MedPay. It is an all-in-one medical payment solution with a companion website, www.prioritymedpay.com, that was created to address the range of challenges many medical professionals face today.

"We believe Priority MedPay will provide significant improvements to providers' cash flow and meaningful operating efficiencies," said John Priore, President and Chief Executive Officer at Priority. "Patients will simplify making payments, managing payment options and interpreting charges, and make communicating about their bill much more convenient."

For medical practices, Priority MedPay can improve operational efficiency by reconciling payor and patient payments into one system, where it integrates practice management with payment reconciliation and enterprise accounting systems.

It also automates posting of patient payments and allows medical practices to communicate with patients electronically via email or text message to accelerate self-payment on a smartphone or through the provider's website. On the patient side, Priority MedPay delivers real-time estimations of financial responsibility, providing point-of-care billing information necessary to make credit, debit or automated clearing house (ACH) payments based on co-payment, co-insurance and deductible amounts due. For larger medical expenses or plans with higher deductibles, the system is equipped to handle installment and recurring payment programs.

Priority MedPay is already deployed at a number of healthcare facilities, including Charlotte, N.C.-based Novarus Healthcare. "Novarus Healthcare is extremely excited about the new tool set available through Priority MedPay," said Tom Hearn, Managing Partner at Novarus.

"With the increased pressure on health-care providers to become more cost efficient and to address the impact of increased patient deductibles and co-pays, these tools will become increasingly important."

Priority offers competitive pricing for this program and others like it through its ISO/merchant level salesperson channel partner program. Ed Alba, Priority Vice President of Marketing, said, "When communicating this MedPay solution to our agent resellers, we targeted our entire 350 plus ISO/agent channel." Alba believes the new system offers a unique opportunity to tap into the healthcare industry and add one more revenue stream to merchant portfolios.


Features of Priority MedPay include:


Priority Payment Systems
866-465-7883
www.prioritypaymentsystems.com

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

previous next

Spotlight Innovators:

North American Bancard | USAePay | Impact Paysystems | Electronic Merchant Systems | Board Studios