Healthcare facilities need to simplify the payment process for their patients who receive care, for the purposes of both patient care and employee morale. This is especially true at a time when the patient responsibility portions of medical bills are increasing, putting a strain on patient finances. A Kaiser Foundation Family report found that patient out-of-pocket costs increased almost 230% from 2006 to 2015.

REPAY is excited to announce that  CRN®, a brand of The Channel Company, has named two channel leaders, Liz Anderson and Patty Benitez, to the highly respected Women of the Channel list for 2021. This annual list recognizes the unique strengths, vision and achievements of female leaders in the IT channel. The 2021 Women of the Channel list acknowledges women from all over the IT channel, including vendors, distributors and solution providers.

Unlock your potential by optimizing your healthcare revenue cycle today!

Out of all the industries impacted in 2020, healthcare is at the top of the list, from changes in legal policies, all the way to the decay of rural hospitals, it’s no surprise that these businesses are seeking some kind of relief to these new challenges.

Optimize your ARM business with the right payment processor!

Every industry is seeing drastic changes in how they operate their business; ARM is no exception. Depending on your industry, things can fluctuate quickly or stay at the same pace for years. However, in the wake of the pandemic, we have noticed a few significant trends in the ARM industry that collection agencies have seen in 2020 that are likely to continue in the future.

The nature of a credit union is to hold and secure sensitive information. For that very reason, many companies choose to partner with payment providers because they need someone to help them meet the highest compliance and security levels to keep their customer’s banking information safe.

Mobile payment technology and payments security is light-years ahead of just a few years ago. As scammers have found ways to take advantage of payment methods, mobile phones have stepped up to offer a more secure and convenient way to pay.

Efforts to stem the spread of Covid-19 have forced consumers and businesses into workarounds for meeting basic needs — usually with significant help from pre-existing technologies. Banking is one example — and it’s likely, say experts, to remain substantially tech-enabled from now on as companies and their customers grow accustomed to the ease and convenience of digitized financial service.

Improve Your Collections Process Through Payments!