healthtranz payment solutions total payment solutions for healthcare practices

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HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

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Page 1: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

HealthTranz Payment SolutionsTotal Payment Solutions for Healthcare Practices

Page 2: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Our Mission at HealthTranz Payment Solutions

Provide a System To Enable You To: Create a “statement-less” practice Completely eliminate Delinquent Accounts Reduce time spent on routine tasks Always know what your cash flow is Concentrate on patient care not runaway overhead Realize Financial Freedom

Page 3: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

HealthTranz Payment Solutions

A complete system to help healthcare practices: Provide every possible patient payment option via one web portal

Check insurance eligibility online System available 24/7 Check next days appointments today Reduce costly time wasting phone calls

Credit/debit cards at low rates and Check Guarantee and Conversion Minimize credit card processing charges Eliminate bounced checks

Recurring Payment Plans Receive payments through a Web site Accept “check-by-phone” and credit card payments over the phone Automate monthly payments from un-insured and under-insured patients Eliminate any need to send out costly statements

Page 4: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

HealthTranz Payment Solutions

Complete Patient Financing Options Create in-house plan where practice earns 18% interest but we do the billing

and collecting Create non-recourse loans where we buy the loan No interest financing available for your patients Create your own payment plans which automatically draws from patient credit

card or checking Get hard to approve patients accepted

Automated Account Recovery Service Clean up any accounts receivable challenges Submit any account to the service via the web portal Collect more money for less cost and free up your office personnel for other

tasks Much more effective than collection agencies at a much lower cost

Page 5: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

HealthTranz Payment Solutions

Electronic Claims Receive insurance reimbursement faster by submitting claims

electronically On line checking of claim status – reduce costly phone calls Integrate with practice management systems Works in conjunction with Eligibility Verification

Medical Billing for Dental Practices We take the hassle out of submitting medical claims by providing that

service for you Increase claim reimbursement up to 300% Increase patient treatment plan acceptance You provide the diagnosis and treatment, we take care of code

translation and working with the insurance companies to get you paid

Page 6: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

HealthTranz Payment Solutions

Equipment Leasing Superior rates for HealthTranz customers Possible immediate approval for line of credit with equipment lease

Dental Practice Optimizer Real time monitoring of practice vital signs Practice valuation report Insurance to cash revenue analysis Real time analysis of cash flow One location to manage all business, regulatory, and financial aspects of your

dental practice

Page 7: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

How Does HealthTranz Work?

Web Portal integrates all the services you need for your patient financial transaction

Login to HealthTranz Homepage and gain access to the services that you have available

Click on the Service you need Perform the task When complete you are back to the Homepage

Page 8: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Customer Log in Screen

Page 9: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Choose the service you need – Patient Insurance Eligibility

Page 10: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Patient Eligibility – Enter brief patient info to send request

Page 11: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Eligibility Request – Fill in blanks or use drop down menus

Page 12: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

271 Eligibility Response

Page 13: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Information dependent on Payer

Page 14: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Eligibility Verification Benefits

Cut down on costly, time consuming phone calls Submit a batch of requests at one time Check eligibility before patient arrives for appointment Increases office productivity Reduces costs Greater patient satisfaction

Page 15: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Choose the service you need – Recurring Payments

Page 16: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Recurring Payments Home Page

Page 17: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Add Patients

Page 18: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Create Payments

Page 19: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Receive Payments Online

Page 20: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Review Deposit Reports

Page 21: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Specifics

Can generate and receive one-time, post-dated, online, or automated payment plans

Can deduct payments from a checking, savings, or credit card account

Checking/Savings transactions take 72 hours to settle, then direct deposited into practice’s account

Credit Cards are instantly verified, then deposited into practice’s account within 48 hour

Page 22: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Allows Patients To:

Pay their portion of the bill – Electronically

Divide large balances into affordable payments

With affordable payments, patients can pay for treatments not covered by insurance

They will thank you for providing multiple payment options and arrangements

Page 23: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Practice Benefits

Accept payments electronically Decrease delinquent receivables Automate payment plans Increase Revenue Decrease “Bad Debt” Write off

Page 24: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Choose the service you need – Patient Financing

Page 25: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Patient Financing – Choose your option

Page 26: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

On line Credit Application

Page 27: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Patient Financing Benefits

Accept A-D credit patients No interest programs available Special program where the practice earns the

interest Quick approvals Flexible terms Term and Revolving Loans available

Page 28: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Choose the service you need – Account Recovery

Page 29: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Account Recovery - MaxCollect Homepage

Page 30: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Accounts Receivable Recovery System

Page 31: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

How we recover your money

Page 32: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Leveraging technology

Page 33: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

Why are we better?

Page 34: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

HealthTranz PS – expandable to meet your needs

Page 35: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

HealthTranz PS Summary

Total Payment Solution providing all possible options for the patient financial transaction in one easy to use web portal

One vendor call for any support issues or questions Useable from any computer with internet access Safe and secure interface Provides maximum return on investment Allows you to create a “statement-less” practice Puts you in total control of your cash flow The system pays you to use it! Financial Freedom

Page 36: HealthTranz Payment Solutions Total Payment Solutions for Healthcare Practices

QUESTIONS?

Let’s get started