HEALTH CARE MERCHANT ACCOUNT

NDMS is pleased to connect you with technology partners who understand the complexity of payment processing in the healthcare environment and can provide total payment processing solutions for your healthcare merchants.

With more healthcare costs shifting from the health insurance provider to the patient, this is the right time to enter the healthcare payment market.

NDMS can help you take advantage of these ongoing changes in the healthcare industry by offering medical providers a payment processing solution that can increase revenue, decrease monthly billing expenses and automate patient payments.

Features

  • Web-based payment application
  • Seamless facilitation of delayed settlement transactions
  • Processing patient co-pays
  • Built-in patient liability estimator to automatically adjust the payment based on health plans and deductibles
  • PCI-PADSS and HIPAA compliant
  • Supports payment card types including Visa, MasterCard, American Express and Discover

The Internal Revenue Service has stated that after June 30, 2009, Flexible Spending Account and Health Reimbursement Arrangement debit cards may not be accepted at stores with the drug store and pharmacy Merchant Category Code unless an Inventory Information Approval System (IIAS) is used. An IIAS identifies eligible healthcare FSA/HRA purchases by comparing the inventory control information – UPC or SKU number – against a pre-established list determined by the IRS.

Point of Sales Solutions

NDMS can offer drug store and pharmacy merchants a comprehensive point-of-sale solution that includes an automatically updated IIAS along with inventory management and reporting tools. The solution is an add-on to the popular Microsoft Dynamics Retail Management System (RMS) and enables auto-substantiation at the point-of-sale. Pharmacies and drug stores will have all the tools necessary to ensure IRS compliance while combining credit card processing, inventory, staff scheduling and financial management activities all into one device.

Features

  • Allows drug store and pharmacy to meet requirements related to Health
  • Insurance Portability and Accountability Act (HIPAA), Pseudoephedrine purchase tracking, and IIAS
  • Easy-to-use business application integration including accounting software, card processing, and staff management
  • Automated inventory control and tracking
  • Customizable reports to allow more informed decisions using real time data
  • Customer management and tracking for increased customer retention and overall satisfaction