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.
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.