Posts Related To payments

3 Methods for Successful Healthcare Billing

health-heart-stethoscope An estimated 30 percent (or $328B) of all provider revenue came out of patients’ own pockets in 2012, and with patient financial responsibility on the rise due to high deductible and high co-insurance plans, collecting on these payments continues to be a hot issue for the health care industry. In fact, improving consumer billing and

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Cash is Still King

hands exchanging cash A new Federal Reserve report dispels the myth that cash is dead. There are between 60 million and 100 million cash-preferring consumers in the U.S. That’s about the population of the nation’s four largest states – California, Texas, New York and Florida– combined. In April, the Federal Reserve released a paper called the “Diary of Consumer Payment Choice”

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Cash: Rumors of its death are greatly exaggerated

hands exchanging cash Lee Ault, CEO of the first check guarantee service, TeleCredit (which subsequently morphed into FiS Global), once described the moment his business exploded in the early 1970’s. In this era before ATMs, and when BankAmericard –-not yet renamed “Visa” -– was approaching critical mass, retailers avoided accepting personal checks because they were considered too risky.

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