Veterinary Payment Processing
The American Pet Products Association (APPA) estimates that people spent $18.26 billion on veterinary bills in 2018 alone. Both veterinary practices and their patients’ families need easy-to-manage and convenient veterinary payment processing options to handle pet healthcare costs.
For owners, their pets’ health is both a financial and emotional issue. People with pets need and want financial options to give their pets the best care possible. Veterinary payment plans can help families plan for routine care and offer options at times of unexpected health events.
Veterinary wellness payment plans can ensure pets receive the care they need with predictable costs. Packaged health-checks, vaccinations and procedures allow owners to make better health decisions and can include various combinations of:
Annual wellness exams
Vaccinations
Routine blood and fecal testing
Dental cleanings
Nail trims
Preventative medicines
Microchipping
Spaying and neutering
Benefits
Rectangle Health will give your veterinary practice the flexibility to create custom veterinary wellness payment plans and help pet families pay for unexpected care – improving the health outcomes of their patients as well as enhance customer satisfaction.
Veterinary payment processing solutions need to work efficiently with vet practice management systems. They require the flexibility of taking patient payments at time-of-service, online and via text, and offer payment plan options.
Practice Management Bridge
Our proprietary Practice Management Bridge® creates more consistent payments, resulting in increased payment processing efficiency and stable cash flow. We integrate with any practice management system and our functionality is an attribute no other enterprise can match in size or scale. Additionally, working with our integrated system allows you to track, manage, report and reconcile payment information across your organization.
The latest technology for veterinary payment processing can go a long way to help an organization’s overall collections. However, there are also practices and procedures successful organizations can employ to keep their revenue cycle moving and increase cash flow.
Some Strategies Include:
Creating a financial policy that is distributed with intake forms that explain available payment options.
Offering automated payments for veterinary wellness payment plans and unexpected charges.
Providing price estimates before all surgeries and non-routine testing.
Establishing a private area of the office to discuss financial matters.
“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.”
“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.”
“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.”
“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.”
“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.”
“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!”
“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.”