Reduce administrative burden and delight patients with fast, secure, and compliant refund disbursements through ReadyPAYOUTS.
A Better Way to Manage Patient Refunds
Administrative costs are a significant burden for healthcare providers across the United States. When it comes to patient refunds, creating and issuing paper checks is time-consuming for staff and frustrating for patients waiting to receive them.
As for the solution? Research shows that the U.S. healthcare system could greatly reduce administrative costs and enhance efficiency by embracing digital tools and standardized systems. ReadyPAYOUTS® is on the front lines of eliminating these administrative burdens for healthcare facilities. As a secure alternative to manual patient refund processes, patients will receive their reimbursements quickly via a digital or prepaid card. And staff will experience relief from outdated and tedious administrative responsibilities.
Why Choose Ready Credit for Patient Refunds?
As a digital disbursement solution, ReadyPAYOUTS streamlines the patient refund process for healthcare providers nationwide. Unlike virtual or prepaid cards, traditional paper-check reimbursement systems are out-of-date and no longer sustainable for the healthcare industry.
1. Real-Time Refunds with ReadyPAYOUTS
Disburse funds instantly via prepaid or virtual cards, without the delay of paper checks.
2. Reduce Staff Workload
Relieve your staff of taxing manual refund processing duties and free up other administrative resources.
3. Multiple Payout Methods
Support available for ACH transfers, PayPal, Venmo, and other in-demand reimbursement methods.
4. Invest in Patient Satisfaction
Offer refund options that are fast, simple, and don’t require a bank account.
5. HIPAA & PCI Compliant
ReadyPAYOUTS ensures all refund activity meets the strictest healthcare and financial data privacy and security standards.
6. Real-Time Analytics & Fraud Monitoring
Track reimbursements, access patient history views, and monitor for potential fraudulent activity.
Our Clients Trust ReadyPAYOUTS for Patient Refunds
“It is super-fast… the problem resolution process was really easy.”
Gina Sadowski,
Director, Food & Nutrition Services,
UW Medicine
“The implementation was quick and efficient. It was a big win”
Scott Taylor,
Senior Director Treasury,
Baystate Health
FAQ: ReadyPAYOUTS® Patient Refund Solutions
ReadyPAYOUTS is a secure, all-in-one digital compensation platform that will alleviate your staff of cumbersome administrative duties like issuing manual refunds and more. With its automated patient compensation tools and customizable workflows, staff can redirect their energy from tedious and outdated disbursement duties to creating a superior patient experience.
Your patients will enjoy easier and faster reimbursements from ReadyPAYOUTS. Rather than waiting weeks or months for a paper check, patients will quickly receive their refund via an instant digital or prepaid card.
Yes, ReadyPAYOUTS will easily and securely merge with your hospital’s established workflows via API integrations.
Our designated, multi-lingual ReadyPAYOUTS support team is available 24/7, all year to assist your patients and staff with any issues or inquiries.
Our ReadyPAYOUTS solution is designed with strong data protection protocols, including encryption, role-based access, and transaction monitoring.
However, since ReadyPAYOUTS does not store or process patients’ private medical information, HIPAA’s standards for privacy do not apply to our solution.
Stay Updated on Patient Refund Trends in Healthcare
Digital payment methods and disbursement options are the right prescription for improved operational efficiency and top-tier patient satisfaction. Stay up to date on cutting-edge developments in electronic reimbursements and how ReadyPAYOUTS is modernizing the patient financial experience.
Get in Touch for Patient Refund Solutions
In today’s economic climate, the last thing patients need is unnecessary stress about when they’ll receive their refund or reimbursement. The more they focus on achieving the best possible health outcomes, the better!
Complete the form below to discover how ReadyPAYOUTS can facilitate fast and secure reimbursements for your patients and provide your staff with necessary relief from burdensome administrative duties.