Key Highlights
- New Certified PAX A920 Credit Card Processing Terminal: Seamlessly connects to the AdvancedMD Pay system.
- Enhanced Payment Plans and VCC Processing: Streamlines billing and payment processes for practices.
- Practice Management, EHR, and Patient Engagement Updates: New tools for increased efficiency and patient care.
Source: Business Wire
Notable Quote
- “Health providers and private practice owners are up against a myriad of challenges when it comes to establishing successful revenue cycle management strategies. Claim denials, low reimbursement rates, late patient payments, and more can have a massive impact on a practice’s financial stability. That’s why we’re so excited about the launch of our credit card processing terminal that enables practices to easily accept in-person payments via a device that seamlessly integrates with the AdvancedMD Pay platform.” — Tim Costantino, VP and Head of Product at AdvancedMD
SoHC's Take
The 2024 summer product release by AdvancedMD demonstrates a significant leap in healthcare software capabilities, aiming to address common pain points in revenue cycle management and patient engagement. The introduction of the Certified PAX A920 terminal reflects a strategic move to enhance payment processing efficiency, aligning with industry trends towards automation and streamlined operations. The comprehensive updates across practice management, EHR, and patient engagement tools underscore AdvancedMD’s commitment to providing robust, user-friendly solutions that drive productivity and revenue for independent medical practices. This release positions AdvancedMD as a leader in HealthTech innovation, offering practical, high-impact tools for modern healthcare environments.
