Payments for Healthcare Providers | Finix | Finix
Payments for Healthcare Providers
Healthcare is complicated enough. Paying for it shouldn’t be. Make each visit and payment as quick as possible with Finix’s end-to-end payment solution. With Finix, patients and providers can focus on what really matters, staying healthy.
Payment features that help you retain patients
Patients are more likely to revisit the same practitioners when paying for services is easy. Finix supports all the ways people pay for health and medical services, so providers can retain and grow their book of business.
- Credit card processing for healthcare
- Healthcare Savings Account (HSA) payment processing
- Flexible Spending Account (FSA) payment processing
- In-person payment terminals that work with traditional and alternative payment methods
- Virtual payment terminals provide inclusive ways to pay
- Securely store and tokenize patients’ payment details to pay for future visits
Effortless Payment Solutions for Healthcare Providers
Finix simplifies the complexities of payment processing for healthcare professionals, offering secure, compliant solutions for in-person, online, and recurring payments. With our platform, you can focus on patient care while we manage the transaction details.
Easy-to-use receivable and reimbursement features
- A seamless merchant login to your dashboard leads you to Finix’s Virtual Terminal where you can key in patient payment details received in person, over the phone, or by email.
- Send Payment Links to your patients multiple ways, including email, text, and patient portals. With a Payment Link, patients can make partial or full payments on outstanding balances.
- For overpayments, reimburse patients with Finix Payouts.
Work with an all-in-one healthcare payment processing company
Get all services related to payments in one with Finix– payment acceptance and processing, embedded fraud monitoring, seamless onboarding, and a gateway for medical solutions.
Get precise HSA and FSA reporting insight
- Your dashboard aggregates all transaction details into a simplified view, so you can see which payments were approved, declined, or are pending.
- Filter your Finix reports by payment method to see which patients are using their benefits cards.
Since you’ll know who has HSA and FSA cards, you can send those patients friendly reminders to use their funds. It’s a win-win: Help patients remember to spend funds before they expire, and you can avoid carrying overdue payments on your books.
Learn more about additional services Finix supports like nutraceuticals and supplements.
Trusted across review platforms
Explore vertical-specific payments insights
Vertical-specific payments ! ! Vertical payment solutions are designed for those cases, with industry-specific functionality integrated directly into the business. Generic processors optimize for volume across as many business types as possible – that flexibility starts to break down once your operations or compliance requirements get more specific. Finix supports businesses across multiple industries with transparent pricing, flexible payment acceptance, and support for the operational realities that come with managing payments.
How Vertical Platforms Are Using Payments Differently, Niche Insights & Use Cases ! ! Payments are often thought of as a background process, a necessary, but largely invisible, part of running a business. For many platforms, handling payments means integrating a third-party processor and hoping everything reconciles at the end of the month. But vertical platforms, software platforms focused on specific industries such as education, real estate, logistics, healthcare, and retail, are taking a different approach.
Healthcare Payments: Reducing Fees in a Low-Interchange Industry ! ! Healthcare is one of the most cost-sensitive industries. Declining reimbursements, rising operating expenses, and complex administrative requirements squeeze providers. On the surface, payments in healthcare look more favorable than other verticals because transactions often qualify for lower interchange rates. However, here’s the paradox: despite lower interchange fees, healthcare platforms and providers frequently pay more in processing costs than they should.
Build better online payment experiences
Create seamless checkout experiences and manage payment processing through a flexible online payments platform built for modern software platforms.