Positively influencing patient satisfaction requires healthcare providers to focus on three critical areas: preservice, clinical care and post service. CommerceHealthcare® has developed financial solutions which can address all three, so your patients are satisfied with their payment experience wherever they are in the continuum of care. Our revenue cycle and billing technology can make it easier to collect patient payments and create opportunities for your organization to improve patient satisfaction.
Improving Operational Efficiency
In a recent survey by the American College of Healthcare Executives (ACHE), 60% of CEOs listed increasing operational costs as their greatest challenge. Mergers and acquisitions, technology integration, and lack of automation are just a few of the factors negatively impacting an organization’s operational efficiency. CommerceHealthcare® combines technology and service to help pinpoint your organization’s specific opportunities for operational efficiency.
Supplier Payment Program
Reducing Days in Accounts Receivable
Collecting and reconciling payments and remittances is becoming more complicated for providers. By applying the latest banking technologies to healthcare, CommerceHealthcare® delivers solutions your organization can leverage to quickly and accurately reconcile and post payments.
Healthcare Remittance Services
Managing Patient Payments
Patients are now paying a larger percentage of healthcare costs than ever before. With cost of care expected to continue to increase, collecting patient payments is undoubtedly one of the biggest financial challenges facing healthcare providers. Price transparency and simplifying the billing process garner most of the industry attention, but these options don’t immediately solve the primary issue. CommerceHealthcare® can help your organization ease the financial burden on your patients, making high medical bills more manageable.
Patient Financing Program
"What I like about Commerce is that they will accept any challenge I present them. [They] are bright people who have a phenomenal understanding of healthcare."- Chief Financial Officer