Healthcare Virtual Card Payment Program Peer Reviewed by HFMA
Healthcare virtual card payment programs provide an easy and immediate solution to simplify payments and turn a traditional cost center into an additional revenue stream. The program brings supplier payments on a single automated platform.
The CommerceHealthcare AP Card enables health systems, hospitals and physician practices to leverage automated, electronic payments and earn revenue through a virtual card. This flexible payment management program works with your existing accounting system while also creating a new revenue stream and reducing operating costs. By converting paper-based payments, like checks, to virtual card payments, healthcare providers gain operational efficiencies, detailed reporting, and reduced expenses.
HFMA has awarded the CommerceHealthcare AP Card its distinguished “Peer Reviewed” designation. The recognition followed a rigorous review by the association. AP Card received high marks from healthcare providers for both automation and versatility. By converting paper-based payments to virtual card payments, AP Card enables providers to gain operational efficiencies and reduce expenses, while earning revenue share. See HFMA Peer Review results here.
For more information about CommerceHealthcare, please contact Paul Rowson via email at Paul.Rowson@commercebank.com or (704) 579-1782.
As a division of the South Carolina Hospital Association, we understand the hospital business. Our ready-to-deploy solutions for your workforce, financial, operational and compliance needs can save money on your bottom line – or generate revenue that you can re-invest in improving healthcare for the people of South Carolina. For more information, visit Solvent Networks, follow us on Linked In or watch HERE. Access your network today.