Helcim and PatientSERV Have Formed a Partnership
Helcim and PatientSERV jointly released a new healthcare provider tool that aims to streamline payment processes for this demographic. This innovation will be especially useful especially for services not covered by public insurance in Canada.
By integrating Helcim’s Smart Terminal API with PatientSERV’s platform, this collaboration offers a straightforward way for clinics to handle out-of-pocket payments. The technology enables both in-person and remote payment options, and in doing so, it reduces administrative strain for clinics while improving patient convenience.
PatientSERV’s established system in uninsured service management allows clinics to collect payments, while Helcim’s technology facilitates secure and user-friendly transactions efficiently. The partnership, endorsed by the Ontario Medical Association, provides financial and operational benefits that may help healthcare providers boost their annual revenue by simplifying revenue collection.
Image Credit: Helcim and PatientSERV
By integrating Helcim’s Smart Terminal API with PatientSERV’s platform, this collaboration offers a straightforward way for clinics to handle out-of-pocket payments. The technology enables both in-person and remote payment options, and in doing so, it reduces administrative strain for clinics while improving patient convenience.
PatientSERV’s established system in uninsured service management allows clinics to collect payments, while Helcim’s technology facilitates secure and user-friendly transactions efficiently. The partnership, endorsed by the Ontario Medical Association, provides financial and operational benefits that may help healthcare providers boost their annual revenue by simplifying revenue collection.
Image Credit: Helcim and PatientSERV
Trend Themes
1. Integrated Payment Solutions for Healthcare - The merger of Helcim’s Smart Terminal API with PatientSERV's platform presents a cohesive tool for handling both in-person and remote payments.
2. Administrative Efficiency in Clinics - Clinics benefit from reduced administrative tasks due to the streamlined payment processes, enabling a shift in focus toward patient care.
3. Enhanced Patient Payment Experience - Combining secure and user-friendly transaction technology enhances the overall payment experience for patients, particularly for services not covered by public insurance.
Industry Implications
1. Healthcare Technology - Innovations in payment processing tools drive operational efficiencies and financial gains for healthcare providers.
2. Financial Technology (fintech) - Integration of Helcim’s secure transaction technology into healthcare settings showcases new fintech applications.
3. Medical Services - Adapting to improved payment systems can offer medical services a way to streamline billing and revenue collection for uninsured services.
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