3 Questions: HealthPay24’s Retail Solution

HealthPay24’s recently launched its groundbreaking Retail solution, which allows healthcare providers to accept payments for all retail and general ledger healthcare transactions in a single view.

We sat down with our Head of Product, Kim Hatch, to discuss how this solution came to fruition and what it means for the healthcare industry.

All Healthcare Transactions, One Single View

Offering a transparent financial payment and reconciliation process, HealthPay24 Retail significantly improves cost efficiency for healthcare organizations.

With a single system, providers can collect on all accounts receivable and other miscellaneous items, including:

• Deductibles
• Copays
• Retail items including hearing aids, therapy items, spa memberships, etc.

This unique offering allows healthcare providers to manage any consumer transaction from payment acceptance, reporting, reconciliation, and posting to their patient billing or general ledger.

As the first solution of its kind in the healthcare industry, the Retail tool supports building SKU items, product catalogs, order management, coupons, discounts, and sales tax calculations at point-of-sale.