Effortless Payment Management
Solutionreach offers a comprehensive payment solution designed to streamline the entire payment lifecycle for dental practices. With features such as automatic payment reminders and instant online payment options via debit, credit, HSA, or FSA, practices can ensure they get paid faster and more efficiently. The ability to track, manage, report, and reconcile patient payment information within the Solutionreach dashboard simplifies the payment process for the practice and the patients.
Convenient Payment Options
Practices can send batch payment reminders to groups of patients simultaneously, allowing for a more efficient reminder system. Instant notifications ensure that the practice is immediately informed when a patient completes a payment. The text-to-pay feature enables practices to send secure electronic payment links to patients individually or in batches, with instant notification of payments received. Additionally, the one-click refund option simplifies the process of handling patient refunds, enhancing overall payment management.
Flexible Payment Channels
With Solutionreach's payment technology, practices can accept payments on their website and easily share payment links via emails and statements. The virtual terminal feature allows practices to accept payments over the phone or in-office using the SR Pay virtual-connected terminal, providing flexibility in payment acceptance methods. These diverse payment channels cater to different preferences and ensure a seamless payment experience for patients.
Enhanced Efficiency and Revenue Generation
By utilizing Solutionreach's payment technology, practices can significantly reduce the time spent on billing and refund processes. Customer results have shown a 30% decrease in time spent collecting and posting bills, a 90% reduction in time spent on refunds, and a 5% increase in collection rates. Moreover, practices have reported a 40% reduction in billing statements, highlighting the efficiency and effectiveness of the payment solution in improving revenue cycles and overall practice operations.