Overlooked in many healthcare practices is the process
of accepting checks. On the surface this would appear to be a
non-issue where you just take the check and at the end of the
day take all these pieces of paper and make a deposit in the bank.
What is this process costing you? First of all, do you have any
NSF checks? If so, how many and at what cost? Second, at the end
of the day, what is the process of handling these checks? How
much time and effort goes into accounting for the checks, making
out the deposit slips, physically taking them to the bank, etc.?
How much would it be worth the practice to know that each check
accepted is guaranteed to be paid? How much would it be worth
that when you accept a check after having it guaranteed by running
it through a check imager you actually hand the check back to
the patient with a receipt? The amount of the check will be automatically
deposited into your account similar to your credit card deposits.
HealthTranz's Rapid Check answers all these questions
with a cost effective solution designed to increase cash flow
and minimize office personnel costs.
