MedAdvance. Medical Billing & Payments
One solution...many ways to use it in your clinic.
Reduced Up-Front Cost
Provide your patients with an option that reduces the cash they need to access quality health care.Read more
Zero Processing Fees
At MedAdvance you get what you bill for all Medicare code items. No transaction fees, no percentage and no subscription costs.Read more
In Clinic Payments
Accept in clinic payments including Credit Card & EFTPOS with wireless terminal and iPad integration to your invoices.Read more
Branded online invoices, payments and receipts delivered by email and by SMS link delivered to your patients free.Read more
Practice Management Integrations
Connect MedAdvance to your practice management software or ERM to seamlessly manage invoices and payments.Read more
Split transactions by percentage or amount, route to one account or five, by practitioner or item code. Infinite options.Read more
Reducing patient up-front cost
MedAdvance offers patients an "in-invoice" option to pay only the gap payment and a small fee. MedAdvance advances the rebate amount and accepts repayment after the Medicare rebate is received by the patient.
MedAdvance patient benefit:
- Better access to healthcare and prevent financial related cancellations and reschedules.
- Access to payment options and finance for patients without a credit card.
- Reduced financial stress of cash needs for the 52% of Australians who live pay-to-pay.
- Promote timely preventive care and regular practitioner visits.
Used across all types of medical practice, MedAdvance benefits the almost a half a million Australians who decided not to see a practitioner each year as they could not afford it.
Zero Processing Fees
With the movement towards mixed and private billing, along with the expanded use of telemedicine, credit cards have become a larger part of the cost of providing quality healthcare. For some private clinics, the 2.2% they pay to process cards can be as much as 8% of their total clinic operating cost.
For all consultations and procedures with an item code:
- Zero Processing Fees.
- Zero Transaction Fees.
- Zero Monthly Fees.
- Zero Subscription Fees.
Regardless of if a patient uses our MedAdvance rebate advance or pays in full, if the item billed has a Medicare MBS item code, you pay no fees at all.
In-Clinic & Online Payments
MedAdvance provides the widest range of payment options both online and in clinic. Increase the efficiency and reduce the cost of clinic operations with free transaction processing, SMS, transaction terminals and tablets.
- VISA & Mastercard
- Direct Debit
Online invoicing and payments including email and SMS short-linked invoices, automated receipts and even scheduled reminders. The entire process is managed according to the rules of the clinic or practitioner providing maximum versatility when communicating with patients.
MedAdvance also has the option to “push” a patient invoice to a tablet in clinic, both providing a useful tool for explaining patient billing, but also allowing the patient to select a payment option which is communicated to the EFTPOS terminal or completed right on the tablet.
Practice Management Integrations
Medadvance is constantly developing new integrations to communicate seamlessly with your practice management software, reduce practice administrative workload, enhance transaction reporting and save time and money.
MedAdvance can be used as a stand alone billing and payments platform, or used exclusively within your existing software environment. We build to reduce double handling of tasks and increase efficiency.
Contact us to see what available software integrations work best for you.
Reduce your administrative workload with transaction splitting and routing. With individual routing rules, you can send payments to multiple accounts, split payments based on product or service type or escrow individual practitioner and clinic funds in separate accounts.
- Route by Item Number
- Route by Practitioner
- Route by Category
- Split by Percentage
- Split by Amount
Use one or use them all. Custom configurations for even the most complex medical practice environment.
If you have questions that we do not cover, feel free to send us a message or chat with us. We would love to hear your questions and add them to our FAQ’s.
There are no subscription costs.
For all invoiced items that have a Medicare billing code, there is no costs at all to the clinic or practitioner. This is also the case for patients where they chose not to opt for the advance of the rebate amount.
For items that are invoiced which do not have a Medicare Billing Code MedAdvance charges 1.79% for those items only. An example of such items may be medical equipment, devices or aids.
MedAdvance works with wireless EFTPOS terminals, Tablets and iPad, and through a virtual terminal within practice management software.
Note that MedAdvance currently has a limited offer that provides all needed equipment free to use. Contact our team now for a demonstration and reserve your equipment
MedAdvance takes privacy and data protection very seriously. We designed our systems to meet the ISO 27001 standard. Your data is your data. We will not sell it or share it to any third party other than as part of the process of providing services to you.
If a patient pays in full in advance, is Bulk Billed, or is a DVA Billed patient, there is no difference at all in the cost to the patient.
When a patient chooses to have MedAdvance finance the rebate amount, the MedAdvance Fee is added to the Gap Fee amount. The fee varies depending on the consultation or procedure code, and is based on the amount financed by MedAdvance.
MedAdvance was designed to make things easy for clinic staff. Invoices can be sent by email, SMS or “pushed” to an iPad which explains both the invoice from the clinic and the available payment options for the patient. There is no need for your clinic team to spend a lot of time explaining the options.
We would love to hear from you. Let us know what you would like to talk about, and the right member of our team will get right back with you.