Financial Services
Paymed’s healthcare solutions were designed to solve a number of problems that are prominent in the industry, from the smallest clinic to the largest hospital. No matter what section of the healthcare industry you are in we can help you make the changes that will help you be more profitable, more cost effective and more efficient.
 
We have identified the following three areas that impact you the most and have created a suite of solutions to help you meet the challenges you face every day.

	Healthcare Financing Solutions		Transaction and Payment Processing		Information Management Technologies

Healthcare Financing Solutions
The Problem
There just isn't any current way to effectively finance the lower credit worthy portion to the country who need health care and a way to pay for it.

Each year the percentage of people not able to make their payments increases.  There is little or no financing available to them.

The Solution
PayMed’s Medical Express Credit Program allows providers the option of financing a substantial portion of their outstanding debts while still allowing the patient or client access to the services they provide.  By carrying the paper as well as providing a secure and effective way to manage the transactions PayMed is confident that the Medical Express Credit Program will provide you with the most effective way to handle the healthcare financing challenges you face in today’s marketplace.

Transaction and Payment Processing
The Problem
Identify thief, duplicated credit cards, credit checks and other common payment processing related problems are costing healthcare providers millions of dollars a year in mishandled transactions.

Millions of rejected medical credit card transactions happen each year due to inefficiencies in the current healthcare transaction and payment processing system.

The Solution
PayMed’s Secure Biometric Credit Card Reader and secure Medical Express Credit Card represents PayMed’s commitment to providing secure, cost effective payment and transaction solutions to the healthcare industry. PayMed has developed a cutting-edge biometric credit card and credit card processing system that enables fast, secure and private medical transactions.

Information Management Technologies
The Problem
Within the last 20 years the healthcare industry has become over 90% reliant on digital technologies. Because of the continued healthcare population growth in America as well as the ability to record information digitally, there is an abundance of information available.

Too much Information can either be a benefit or a handicap, the determining factor is in how you are able to manage it.

The Solution
PayMed is able to provide you with a revolutionary Information Management System that can be seamlessly integrated into your current management system and act as an aggregator and broadcaster for digital content that is stored on databases such as Oracle, MYSQL, SQL and DBII.  iMAT® was designed to drastically cut the cost of hardware and software maintenance while improving data management and distribution across multiple database platforms.