Card on File

Card on File

Get Paid Easily and Reliably Every Time with A Card on File

Getting paid shouldn’t be an issue. It shouldn’t cost you money, take a lot of time, or interfere with the quality of your patient relationships. And it doesn’t have to.

Rectangle Health gives you access to a unique set of tools that integrate with your existing management solutions and maximize your opportunity to get paid every time you see a patient: without issue, without extra fees, without added administrative time or costs.

Card on File (COF): How You Benefit

Many of us have heard of the massive fines given to organizations that have violated HIPAA. Rectangle Health combined with a Card on File program can automatically charge your services to a patient’s card at each visit, or on a regular monthly basis. COF programs have been popular with many businesses for years, and now, they are becoming standard practice in healthcare as well.

Keeping card information on file can ensure that your customers’ bills are always paid, and that these payments are credited to your account, giving you quick and reliable access to cash. It eliminates the need to send statements and wait for payment, which often comes late or fails to come at all. Emailed receipts and electronic forms make you entirely paperless – eliminating the need to own a printer. And best of all, getting paid never has to become an issue between you and your patients again.

How COF Works for You

Rectangle Health’s technology combined with COF can maximize the success of your business by offering a streamlined way to pay, making things easier for you, your staff, and your patients.

  • Increased Patient Payments
    Making a payment will no longer require that patients go online, mail a check, or even produce an actual card.   Instead, the documentation Rectangle Health provides will give you the authority to securely store the card information the patient provides and charge that account every time you deliver the services specified.  Your contract will typically cap the maximum amount that can be charged.  It can also set up a variety of flexible payment programs that meet the financial needs of your patients while ensuring that you get paid more reliably.  If you are providing an ongoing service to a patient at a regularly scheduled interval, for instance, your agreement might include a recurring payment plan, in which fixed amounts are charged automatically at given periods of time.  You can even use COF documents to set up automatic installment payments for those who need more time to make payments.

  • Secure Payment Technology
    Utilizing the Rectangle Health technology ensures that you will not put your patient’s data at risk.  Sensitive information is never kept on your premises or stored on your servers or computers.  Instead, Rectangle Health stores all customer data in a secure, encrypted, electronic vault.  This gives you the security of knowing that your transactions are PCI, DSS and HIPAA compliant, and your business is protected from the skyrocketing cost of fraud.   Plus, cardholders can rest assured that their confidential information is protected by layers of industry-leading, fully-compliant, state-of-the-art technology.

  • Improved Satisfaction
    With proper training and standards in place, a card on file program can work for both your patients and your business, saving you time and money while also helping your patients stay on top of their payments. Our services help healthcare practices improve collection rates from patients, increase patient satisfaction and reduce the amount of staff hours spent dealing with inefficient systems. Rectangle Health’s integrated system allows you to focus on what’s most important – your patients.

  • Fraud Monitoring
    Trained risk management experts consistently monitor transactions, so that the safety and security of every transaction are guaranteed.

More Reasons to Partner with us

Participating in COF programs will help ensure that your customers pay their bills and that payments come through promptly. And it’s just one of the many proprietary processing tools you can access from Rectangle Health to help you run your business more efficiently, save valuable time, and increase cash flow.

Rectangle Health Guarantee

If you don’t see a dramatic reduction in accounts receivable balance after a few months of instituting our full program, we’ll take the entire system back at no charge to you.