Electronic Funds Transfer (EFT) streamlines payments by transferring funds directly from your patients’ bank accounts to your practice. Also known as Direct Debit, Direct Deposit, or ACH Processing, EFT simplifies and accelerates payment collection.
Benefits of EFT:
- On-Time Payments: Patient accounts are debited on the due date, and funds go directly to your bank. No more “check is in the mail” excuses.
- Less Paperwork: Eliminate the need to send invoices, open envelopes, and make bank deposits.
- NSF Control: Returned items are quickly identified and resubmitted electronically.
- Safe and Secure: Payments are tracked electronically, with specified amounts and dates for accuracy.
- Automatic and Convenient: Once set up, EFT automates collections. Funds are deposited directly into your account, with our processing center handling the work.
Calculate your savings
Simplify your billing and boost your cash flow with EFT. Contact us today to get started!