Grow your revenue and practice

How a trip to a health club changed practice management:

If you’re like most people, you’ve been to a health club before. After the tour of the club its time to sign up. OK, how do you pay for this? We’ll they have a very simple form to complete, a few lines, less than a minute. One signature later you’re a full member with a free gym bag. Great!

Compare that to a doctor’s office. You may have been attracted to brochures that offer a medical credit card so that patients can afford treatments.

Wait a minute! How come you can join a health club and incur a yearly obligation of hundreds of dollars just by signing a piece of paper, but at the doctor’s office you have to submit to a credit check and – if you’re approved – pay a high interest fee?

The other option is for the doctor to offer you a ‘house’ account and, of course, someone on his staff has to manage and service that loan. It’s a drain on an offices’ resources and profits.

Are health club owners smarter than doctors? Or maybe we were just too deep in-the-box to think outside of it – until now!

Solution…

Nationwide Patient Payment is true out-of-the-box thinking. It’s a great way to add 40, 50 or 60 thousand dollars in extra annual revenues to your practice. It’s done that for other doctors! Nationwide Patient Payment meets our three core criteria for being a practice management solution we offer to you:

• Easy-to-implement solution that is proven to work
• Lowers your costs as it increases revenue
• Simplifies practice management

Overview…

• Accept patients you would otherwise turn away
• Simple one-page form for patient to complete
• 98% of money owed is paid using this plan
• Money is electronically drafted from patient’s checking account to yours
• Predictable electronic deposit on the 1st of every month
• Does not require a credit check or approval
• You set the payment terms for each patient
• The 5% fee is paid by the patient – no cost to you
• Hands-free, nothing to manage
• One-time set-up fee is good for life

Yes, you’d love to be paid in full at the time of delivery of service. But, on average medical practices collect just 49% of the money patients owe them. Most practices struggle with patient receivables. For those occasions when patient financing is necessary, Nationwide Patient Payment is the smart choice.

With Nationwide Patietient Payment, there’s nothing for you to manage. You receive a deposit into your bank account on the first of every month from every patient on the payment plan. It’s that simple. And, it costs you nothing! The patient pays the 5% convenience fee.

No credit check, no waiting – it’s instant!

Nationwide Patient Payment means your patients do not have to seek out credit from third parties. They do not have to max out their existing credit cards. They do not have to apply for a medical credit card which will further hurt their credit rating and for which they might not qualify. The patient completes a one-page form and that’s all it takes. The agreement is legally-binding. The patient gets the treatment and you get paid.

You set the terms, we do the rest

Nationwide Patient Payment means you can accept more patients into your practice. Patients who might not qualify for credit or a loan, but who are happy to meet the terms you set with them. You can offer new and existing patients affordable monthly terms – without a credit check – instantly, for a very low 5% convenience fee. No credit card can compete with that. No more ‘house’ accounts. Nationwide Patient Payment is a true win-win.

Increased revenues, growing practice

Nationwide Patient Payment increases your revenues by letting you create a way for patients pay their bill at affordable terms. And yes, they pay. The agreement is legally binding. It’s a financial contract. It’s a simple one-page form that takes less than a minute to complete.

Patients pay because they want your service. They pay because no one wants to ruin his/her credit by defaulting. Patients pay becuase you gave them terms they can afford. Patients are grateful to you for offering them a workable way to pay their bill.

Example:

A patient needs a $500 treatment but “can’t afford it all today.” You and he agree that he will pay $100 a month for five months. The patient has to pay a $5 service fee (5%) bringing his total monthly payment to $105. He’s happy to agree to this and get treated. In essence, you have just extended him instant credit at very low 5% interest without a credit check or any hassles. The money will be automatically drafted from his bank account to yours every month.

On average, doctors collect only 49% of the money patients owe them. No other industry would stand for that. With Nationwide Patient Payment you’ll collect up to 98% of the money owed to you by your patients – simply, automatically, and they’ll love you for offering them an affordable way to pay. It’s one of the smartest and easiest things you’ll ever do for your practice.

That’s a lot of extra revenue you can achieve by being able to customize payment terms while not having to administer a house loan. Nationwide Patient Payment is a golden tool for your practice.



The money paid with Nationwide Patient Payment is deposited into your account on the fist of every month. Imagine starting every month with a large cash deposit!

If you have 20 patients on Nationwide Patient Payment, that’s twenty times the average payment going automatically into your account monthly on the same day – the first of every month. Cash flow planning is simple.


A free Practice Analysis will show how you can achieve greater revenue and profits in as little as 30 days with easy-to-implement proven solutions.