Healthcare Payables: A Better Approach, A Better Experience
Ninety percent of hospitals and health systems indicated that new revenue streams are an urgent priority, expected to yield a return in the next three years.
Building alternative revenue sources will play a critical role as healthcare providers face increasing pressure to diversify revenue, manage costs and maximize efficiencies. As traditional revenue streams from insurer and patient payers fluctuate, healthcare providers are adapting to find new alternatives.
Accounts payable is an area were North Carolina hospitals and physician practices are finding significant revenue opportunities. As NCHA’s strategic partner for payables strategies, CommercHealthcare® understands your unique challenges. We take a different approach to healthcare account payables, creating a better experience for your organization, staff and suppliers.
Implementation Made Easy
Whether launching your first AP program or supplementing an existing program, we can help maximize your revenue share and get your program up and running without interruption. Our AP solution provides the following advantages:
Generates monthly revenue share without disrupting current banking relationships
- Strengthens supplier relationships through a better payment experience
- Accelerates the invoice approval and payment process
- Reduces costs associated with paper checks, while also minimizing fraud risks
- Provides greater insight into payment trends through analytics and national benchmarks
- In-house customer services and support teams to help with file transfers, training and vendor enrollment
Find New Revenue Opportunities Today
The CommerceHealthcare® approach can help you transform the AP department by reducing costs, improving operating efficiencies and generating alternative profit streams.
Discover if your organization is leaving money on the table. Schedule a free spend file analysis and see what revenue opportunities you may be missing.
