Revenue-Generating Financial Models
In healthcare, as in every industry, delivering meaningful customer solutions drives return on investment (ROI). Many find that card solutions provide a superior and flexible opportunity to serve customers. The use of cards removes costs, and through interchange share on each card transaction, revenue can be materially improved. Innovators realize that the business model you adopt with your partners must include interchange share as a key component. TSYS® consistently promotes the notion that TPAs and Payers should expect service providers to provide you contractual share in interchange income. Your business won’t thrive without it in a card-rich environment.
Leaders in the market are embracing cards beyond tax-advantaged accounts to expand on the card ROI trend. Reimbursement innovation led to the cash account (purse) as a stacked card option, to provide funds back to account holders. In a stacked card arrangement, cash purse is a standard account solution. Use of a cash purse eliminates the cost of cutting checks, and loading funds into a card-based transaction account adds to interchange opportunity.
For more information, contact your TSYS client representative, or TSYS Sales at +1.612.338.3871 or healthcare@tsys.com.