A healthcare payment system is a software solution that partially or entirely digitises the whole payment lifecycle in the healthcare industry. Software solutions for each type of provider remuneration significantly streamline the process-flows of healthcare payments between patients, providers, and payers. Healthcare payment processing systems reduce provider operating costs, promote accountability throughout healthcare payment operations, and limit the risk of errors.
It is commonly understood that healthcare payment systems should not be one-size-fits-all. Each healthcare organisation has its own set of criteria, rules, divisions, and systems. Such healthcare facilities require healthcare payment solutions that meet their special needs while also providing a smooth payment process.
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