health care Archives - Payment Processing News
Contacless
October 13th, 2015 by Elma Jane

 

What can near field communication do for individual and how can it make lives easier. Many uses of NFC technology offer benefits in a number of everyday tasks ranging from paying for groceries to receiving adequate health care treatments.

Check this out if the benefits are worth it:  

Contactless Payments – well-known use of NFC technology is for contactless payment. Customers can use their smartphone over a card reader to make a purchase without swiping or counting out cash. This saves time and also reduces the chances of losing a credit card that comes with carrying multiple cards around.

Health Care – With NFC technology, hospitals can better track patient information and doctors’ notes in real-time. This helps prevent the wrong medications from going to the wrong patient and creates a streamlined system focused on the best in patient care.

Information Sharing – NFC tags most common way NFC is currently used on Android and Windows phones. Using your Phone or Tablet, you can tap a strategically-placed NFC tag, which prompts your phone to take action on something, like automatically prompts your phone to enable Wi-Fi, disable sounds and decrease brightness. Exchange information between two Android phones.

Pairing with Devices – Smart household appliances are adopting NFC. LG’s smart washing machines let you pair your phone with the machine so that you can remotely monitor the washing cycle.

Social Networking Social networking is booming, and NFC tags are looking to get in on the action. NFC allows users to interact with each other and update their location and other info without any unnecessary log-ins or tapping through menu screens.

Transportation – Swiping a smartphone not only allows the passenger access to the subway but also keeps track of the number of trips he has left. Passengers can come and go much faster and easily pay for extra trips.

Posted in Best Practices for Merchants, Near Field Communication, Smartphone Tagged with: , , , , , , ,

June 23rd, 2014 by Elma Jane

How online payments can help improve health care efficacy? 76 percent of providers said that it took more than one month to collect from a patient. However, patients have made it clear that they prefer to have the option of making payments online. Consumer responsibility is also increasing, but many providers still rely on paper-based, manual payment collection and posting processes. As a result of waiting for those payments, providers are spending more money and more time to collect, yet still accumulating a large amount of bad debt.

The majority of providers 76 percent did say that they offered the option of online payments to their patients. As providers and their clients increasingly rely on consumer payments for revenue, many have started to use more consumer-centered strategies, like payment plans, to collect payments. However, they will have to implement best practices and policies, including automating payments and communications and ensuring payment data is secure, to improve collection processes.

Posted in Uncategorized Tagged with: , , , , ,