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Storing Patient Credit Card Information: A New Necessity for Practices

Podcast

In this podcast, consultant Susanne Madden shares how medical practices can store patient credit card numbers securely and effectively.

Patients are shouldering more of their healthcare costs, and that trend is accelerating due to the opening up of health insurance exchanges and the high deductible plans offered within them.

Sample Credit Card Policy

Want to store patient credit card information on file? You'll need patients to sign a credit card policy first. Click here for a sample policy you can adapt for your practice.

As practices shift their attention to focus more on patient payment collections, storing patient credit card numbers electronically can help.

That's according to Susanne Madden, president and CEO of the Verden Group consulting firm. In this podcast, Madden shares why this is the case, and how practices can go about storing such information securely and efficiently. 

 

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