Thursday, May 08, 2008

Credit Cards and Evaporating Margins in Health Care

I was just wondering to myself what direction medical providers are leaning with respect to accepting credit card payments for professional services.  Considering the fact that margins have evaporated or worse are now hovering in the red with regard to third party payment for medical services, does the acceptance of credit cards and the accompanying  2-3% processing fees for co-pays and co-insurance make sense from a business perspective?

I'd be interested in how you are leaning, so please participate in our poll in the right hand margin of this blog.