Take Control of What’s Important
With HealthPay24’s patented Non-Patient General Ledger Payments feature, you can easily take miscellaneous payments from anyone, including guarantors and consumers, and ensure those payments are automatically posted to the correct cost center, add bulk items to your general ledger, and manage and report on your postings from one simple, consolidated view.
Automation Increases Staff Efficiency
By automating non-patient general ledger payments, providers reduce the amount of manual entry, manual errors, and allows staff to redirect their time on more important tasks that will ultimately enhance the patient experience.
In a recent case study with Deaconess Health System, Autumn Link, Director of Finance discusses how the provider organization uses HealthPay24 to process approximately 186 separate non-operational transactions like employee benefits, wellness classes, event registrations, durable medical equipment, and donations to the foundation.
“HealthPay24’s general ledger solution allows us to track and reconcile our non-operational transactions much easier. Instead of having to manually create and record journal entries, the transactions are automatically posted through a file we receive every day that interfaces directly into our general ledger system,” says Autumn.
How It Works
The General Ledger feature allows your organization to automatically post payments to the specified chart of accounts utilizing the assigned payment methods (cash, check, credit card, and ACH), issue receipts, and perform end-of-day cash management batch balancing. Simply add any healthcare general ledger payment to the cart and it will be reconciled appropriately via a seamless integration with your financial system.