HealthCare SUPPLIERs
Get Paid With Optimal Value and Efficiency
The cost of getting paid is going up
16K
manual credit card payments are posted a year on average
2.5%
is average fee for payments
45 days
for suppliers to get paid
the reality
The existing ways to get paid are fragmented and inefficient
ACH
Credit Card
line of credit
Cash conversion takes too long
Payment fees are too high
Remittance data is unavailable
Constant monitoring
Accounts Receivable Costs in Healthcare:
What is the TRUE Cost of Getting Paid?
Read the Report
is the average time for suppliers to receive payments with the GHX ePay solution
15 days
in transaction fees over traditional processing, thanks to a 25-day decrease in collection time alone
42% savings
Existing solutions are limited
There is a trade-off between speed and efficiency versus cost on existing solutions.
Success in the new business of healthcare
Speed
Cost Reduction
Leaving money on the table
Can't complete
Too slow
We went from the first discussion to fully live in less than 100 days...it's really (about) how fast you want to get there.
The intelligent alternative
A full-service payment platform and a unified solution
Improve your Financial Position
Execute with Confidence
Build Relationship Capital
1
Reduce Margin Erosion:
Average 66%+ reduction in margin-eroding payment fees
2
Drive New Operational Efficiencies:
Reduce DSO to free up human capital for more strategic functions
3
Prepare for Growth:
Reduce fixed costs to catalyze new growth opportunities
Shift to a Pay-For-Value Model:
Pay fees only when DSO is within 15-day average
Consistent & Automated Data Processing:
Detailed remittance data drives seamless cash application
Remove Barriers to Work:
Streamline the business with new automated functions such as exception corrections
4
Easy Setup Process:
Onboarding in a matter of days or in as little as a few hours. Minimal-to-no IT resources required
Harness the Power of the GHX Community:
Leverage our unmatched expertise in connecting suppliers and providers for 20+ years
Optimize Provider Relationships:
Expand trust with your customers with an improved relationship and even increase sales
Learn more
A Smarter Approach to Accounts Receivable
New Horizon for Accounts Receivables
$20M+ savings in first 12 months
Download
ePay uniquely addresses your payment goals
No-touch transactions
Faster payments
Reduced payment fees
High customer satisfaction with your provider base
Up and running quickly
Gain Clear Visibility:
Foresight into your cash position for smarter reporting and planning
home
Why ePay?
Remittance data is un-available
READ THE CASE STUDY
Learn more with our downloadable assets
Provider ePay Brochure
HFMA Assets
Implementation Guide
PRODUCT BROCHURE
CASE STUDY
INFOGRAPHIC
