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Offset the High Cost of Healthcare with Payment Solutions

With today’s healthcare costs, your budget is always a major concern. Did you know that the right digital payment solutions could boost your bottom line and save you thousands?

Hospitals

Physician Services

Network of Clinics

Third-Party Admins

The Smart Way to Pay and Get Paid

Digitizing how your practice makes outbound payments while also allowing patients to pay in the most convenient ways can increase on-time payments and streamline revenue cycle management. REPAY's expert consultants tailor fast, frictionless and secure payment solutions that integrate with your existing operations software.

Spend Less on AP and More on Next-Level Care 

Streamline the way your facility manages accounts payable and have more resources to focus on your core mission. Reduce costs by cutting fewer paper checks and eliminating time-consuming manual entry. Automate and digitize vendor and supplier payments while maintaining control and visibility over accounting processes.

Pay suppliers using virtual cards, credit cards or ACH

Integrates with your existing accounting system

Realtime reporting for easy reconciliation

Our experts handle vendor set-up and ongoing maintenance

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Omni-Channel Options for No-Hassle Healthcare Collections

Reduce the time and resources required to collect on current and past due invoices and medical bills with flexible, easy-to-use options. Checks get lost and payment receipt can take weeks, strapping patients with fees and holding up operations. Electronic solutions enable 24/7 payments without live assistance so you can collect more.

  • Accept ACH, credit card, debit card, digital wallet and eCash
  • Omni-channel options: online portal, text, mobile and phone/IVR
  • 24/7/365 support from healthcare payment experts

Benefits of REPAY

Traditional payment systems cost you precious time and negatively impact your bottom line. With a frictionless, centralized solution in place, you can save thousands by digitizing costly payment processes and gaining visibility and control over your funds.

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Offset the stress of managing vendor and supplier payments with REPAY’s integrated accounts payable solutions. Leverage the latest payment technology to bring ease and efficiency to your facility by reducing the number of paper checks and manual errors using outbound payment automation.

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    Integrate our frictionless platform to your existing ERP or accounting system
  • Quickly approve, track and manage outbound payments
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    Enhance transparency with realtime reconciliation and reporting
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    Send Explanation of Benefits (EOBs) and Explanation of Payments (EOPs)

HEAR FROM OUR CLIENTS

“Changing to REPAY only required about 10 hours from our AP and IT teams to fully implement the software. After the switch, we went from paying 56 vendors to over 900 vendors.”

REPAY Helps Washington Hospital Increase AP Efficiencies and Vendor Participation

See how a large health system increased vendor enrollment 16x and started collecting over 1 million in rebates annually using virtual cards—all thanks to REPAY.

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Washington Hospital

READ THEIR STORY

SPECIALIZED SOLUTIONS FOR YOUR BUSINESS, YOUR INDUSTRY

No two companies are alike. Our payment experts provide custom consultation and ongoing support so you can use the payment solutions best for you.

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Pay Securely with Digital Methods

Put funds back in your account by using virtual cards and ACH to pay vendors. Increase potential rebates and save time in the payment process to make vendors happy and keep your business moving.

  • Easily add, alter or cancel funds
  • Set specific dollar amounts and expiration dates to protect assets
  • Automate internal tracking and reconciliation management
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Dedicated Vendor Enrollment Team

Don’t break a sweat when it comes to onboarding your vendors. Our team contacts each one to verify their payment preference and set up your ability to automatically pay them. Since REPAY is integrated into your existing operating systems, you can easily approve payments and track them in real time.

  • Quick, effortless vendor onboarding
  • Live setup within a week
  • Substantial vendor network
  • Multiple enrollment techniques maximize electronic payments
https://repay.com/wp-content/uploads/2024/03/Fighting-Payables-Fraud-Whitepaper.pdf

VENDOR PAYMENT PROTECTION

Ensuring payment security builds better relationships with the vendors you rely on. However, fraud schemes are constantly changing. Give payment security to REPAY! Our platform protects outbound vendor payments, any way they are made.

  • Reduce ACH return ratios using ACH validation
  • Assign access permissions and implement dual control
  • Confirm check validity before processing through positive pay
  • Securely store data with tokenization, encryption and more
  • Utilize custodial accounts instead of sharing bank account and routing numbers

Benefit from Faster, More Secure Payments

Digital payment technology evolves every day, and REPAY has the resources and expertise to keep you ahead of the changes. Rely on REPAY to simplify payments and manage the platform integrations for improved cash flow, streamlined internal processes and increased customer and vendor satisfaction.

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REPAY technology adheres to all healthcare industry standards