Created by VISA and adopted by MasterCard the Patient Easy Pay
consent protocol, best known as the VEP SYSTEM has been specifically
designed to address today's Revenue Cycle Management issues and concerns
in the Healthcare industry. Targeting the Prevention of Patient Account Receivables,
the VEP SYSTEMhasthe proven track record of being able to securely process
and capture all types of payments , produce on demand reports and CSV
file availablility to update your current Patient accounting program. Our Sole Focus is Getting Your Practice Paid APPLYING COMMON SENSE IN AN UNCOMMON WAY
TOACCELERATE PATIENT PAYMENTS
AND IMPROVE YOUR TAKE HOME PAY.
Utilizing the internets capabilities, the VEP SYSTEMutilizes its secure API
to integrate our proprietary technology with a a very User-Friendly dashboard.
As, the times require and the industry expects, our networks and
transaction processing systems are PCI DSS and HIPAA compliant.
POINT OF SERVICE The VEP SYSTEM is focused on saving valuable time and increasing Front-End
Collection, at the Point of Service. By implementing our HSA/Credit Card System
in your Patient access areas, your staff can process a HSA/Credit Card within
5 seconds with a simple SWIPE of the card or Check for ACH processing. In the time it takes for your FRONT OFFICE to collect a Co-Pay, theVEP SYSTEM
collects the Patients Payment information and AUTHORIZATION is stored securely
for future payments.
The VEP SYSTEMalso provides a method to input and track Cash transactions. Practices have found this to be a very valuable tool for internal audits.
ONLINE PAYMENTS?
YES - The VEP SYSTEMfeatures the added capability for your Patients to
easily pay their bill from the comfort of their home. Just utilize the provided PAY BILL NOW button on your current website and add instructions to your
monthly billing statements, sending Patients to your site.
INSTALLMENT PLANS?
YES - TheVEP SYSTEM continues to demonstrate a 90% collection rate
with its VSP Installment Plans. These automated installment plans can be
quickly, easily and directly established by your FRONT OFFICE or BILLING staff
using the Patients HSA/Credit Card or Checking accounts. As a result, your
practice will experience savings in EFT hours, statement generation and mailing expenses. With the VEP SYSTEMInstallment Plans, your practice
can easily establish rules for installment plan payments to
include Monthly Minimum payments based on maximum time
periods or account balances for Patient balance payoffs.
Our Sole Focus is Getting Your Practice Paid! Contact Us Now! info@VEPUSA.com