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Reproductive Medicine Payment Processing

Reproductive Medicine Payment Processing

Reproductive health is a major reason for healthcare spending, and for many young women, it is their primary health need. Although some reproductive health visits are considered preventative care, women in their twenties are less likely to have health insurance – because they are no longer in school, too old to be on their parents’ policy, working part-time or in jobs that fail to provide health benefits. Recent changes in the law will most likely drive many people to drop their health plans as well. Many patients need a financial solution to help them shoulder the costs of care.

For your patients that are exploring expensive treatments such as IVF, financial assistance from health insurance is usually not an option because few policies cover treatment. Finding the money to fund therapy can be difficult, and sometimes cost puts it entirely out of reach. For those seeking IVF treatment, finding the means to cover costs can add a layer of stress to the challenges of dealing with infertility. Innovative payment options by Rectangle Health can provide access to the care your patients need for reproductive health and IVF patient payments.

According to the Center for American Progress, uninsured women can pay more than $1,200 annually for the costs associated with oral contraceptives and related doctors’ appointments. Other forms of contraception can be expensive as well; for example, some IUDs cost over $1600 for the healthcare visit and device.

Benefits

Recurring IVF patient payments allow providers to create customized payment plans that are tailored to their patients’ needs.

Other features, such as credit-card-on-file and payment processing on virtually any electronic device, offer convenience when paying at the office, over the phone or online.

Practice Management Bridge

Our proprietary Practice Management Bridge® system integrates with any practice management system – creating consistent payments, increased payment processing efficiency and stable cash flow. The functionality of Practice Management Bridge is a unique advantage that other companies cannot match in size or scale. Plus, our integrated system allows you to track, manage, report and reconcile payments across your whole organization.

Taking advantage of the latest payment technology and offering convenient reproductive medicine payment processing can significantly enhance patient collections. In addition to offering convenient and affordable reproductive health payment plans, we find that many successful practices also provide advice to their patients about how to explore all financial options.

Some Strategies Include:

“We are an extremely busy optometric practice, and we are always very conscious of business costs.  We use a practice management software and couldn’t believe we could start updating payment directly into the patient ledger and securely keep patients credit card information on file.”

-Optometry Group, Bay Area

“We’re writing to show our appreciation for Rectangle Health.  Initially, I doubted some of the features that were promised, but you guys delivered.  The web payments and payment plans are easy. The ease of email receipts and vaulting cards are great for our Billing Department.  I would recommend any colleagues use your system without reservation.”

-OB/GYN Office, Grapevine Texas

“We have been very satisfied with the degree of customer service and professionalism we have received in the process of switching from our previous processing company to Rectangle Health.”

-Practice Manager, ENT & Audiology, Southlake Texas

“I had been told by many companies that they could integrate into our software, but once they came out and met with me, I could see they really could not do what they said…. Rectangle Health could not only seamlessly integrate with my software as they stated, but they could offer substantial savings each month.”

-Dental Office Manager, Southlake Texas

“We have been a Rectangle Health client for over 3 years now and we’re pleased to say they lived up to their word; from saving us hundreds of dollars in overall monthly fees to even going so far as to customize their online Practice Management Bridge for a special feature we requested.”

-Retina Consultant, Connecticut

“I would like to compliment Rectangle Health.  The customer service has been top notch and your representative is always quick to return our calls.  The payment software is great and has made collecting form our patients so easy.  We would recommend any medical practice to use Rectangle Health!”

-Chiropractic & Acupuncture, Denver, Colorado

“Since we started to use the program, we have had an immediate and noticeable improvement in patient payment at the time of treatment.  Transitioning to Practice Management Bridge has alleviated hours of extraneous work that was unavoidable with our previous retail terminal.  In addition to the invaluable improvements in our practice management, Rectangle Health has saved us money by lowering our processing rate.”

-Office Manager, Cosmetic Dentistry, Solana Beach, California

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