Seven questions to guide the evaluation of financial payments solutions.
Automating many of the processes in healthcare finance and revenue cycle management (RCM) remains a high priority within the imperative to drive cost savings, enhance efficiency and generally do more with less. This article proposes seven questions to help guide finance and IT leaders in choosing payments solutions that deliver the desired automation benefits.
Accounts Payable Automation
Healthcare Banking
Patient Financing
AP Card
Health Service Financing (HSF)
Healthcare Banking
Treasury Services
Article
Taking a strategic view of payments
For most providers, the goal to achieve robust automation in payments to suppliers and patients remains elusive. Further progress depends heavily on adopting a strategic approach to AP payments. The five components of a strategic view delineated in this article help guide this effort.
HFMA awards Peer Review status to three CommerceHealthcare products, AP Card, RemitConnect and Health Services Financing.
Receivables Management
Patient Financing
Accounts Payable Automation
AP Card
Health Service Financing (HSF)
RemitConnect
Article
Nonprofit health system, Legacy Health, uses a payments solution that gives back.
Legacy Health increases automated payments and improves efficiency of back-office operations.
Accounts Payable Automation
AP Card
Article
AP Card Program Reduces Paper and Costs for Mary Washington Healthcare
In the first year after consolidating it AP Card program under Commerce Bank, a Virginia health increased electronic payments to suppliers by 24%.
Accounts Payable Automation
AP Card
Article
SmartPractice helps other healthcare companies work smarter
CommercePayments® helps hundreds of suppliers get paid through its automated AP Card program.
Accounts Payable Automation
AP Card
Article
A healthy relationship. How Urologic Specialists rebuilt its back office to support expansion.
Reliability is important to the 25 board-certified urologists at Urologic Specialists. "We wanted a sophisticated banking partner that understands healthcare and could support our growth."
Accounts Payable Automation
Patient Financing
Receivables Management
Healthcare Lockbox
Payment Hub
PreferPay®
RemitConnect
Client Stories
Improving Patient Financing at Bryan Health System
Bryan Health System improves their patient financing by providing personalized options to meet patients where they are financially.
Accounts Payable Automation
Healthcare Banking
Patient Financing
AP Card
Health Service Financing (HSF)
Healthcare Banking
Client Stories
Olmsted Medical Center: Generating new revenue with the CommerceHealthcare® AP Card
CommerceHealthcare® AP Card has added value to Olmsted Medical Center's administrative processes.