New feature: Practice Level Settlement

Adrian Perillo | Nov 12, 2020

Manage how funds are paid with Medipass Practice Level Settlement

Medipass is delighted to announce our latest product feature: Practice Level Settlement designed to give healthcare businesses of all sizes the payment flexibility and control that they need.

Practice Level Settlement gives businesses the option to customise how funds are settled for them. Businesses can choose to have one bank account for their whole business, or individual bank accounts for each location or practice within their business. This gives you more transparency and control how settlements are made for your business. 

Running a healthcare business is complex and Medipass provides you the flexibility to customise your finances and reporting for each practice specifically. In Medipass you can create multiple practices with the ability to assign a practice manager and bank accounts for each location. 

Practice managers can now see the remittance advice in our reporting, making it simpler and easier to align with your business structure and administrative access. 

Features and benefit of Practice Level Settlement:

  • Flexibility: single or separate bank account settlement for each location.
  • Reporting: when you settle per practice, practice managers at each location can see their remittance advice.
  • Get paid fast: available for Medipass Card Payments and icare NSW payment integration.
  • Security: administrative access for practice managers at each location.

If you’d like to learn more about this new product feature please contact us on support@medipass.io and we will be happy to guide you through. 

Sign up to the Medipass newsletter