By
Managing your practice’s finances just became more efficient and customizable. Our enhanced Wallet feature and Revenue Enhancement System (RES) work together to give you full control over your revenue. From real-time payout notifications to customizable retail prices and consultation fees, these tools empower you to streamline processes and maximize your earning potential—all while staying focused on patient care.
What’s New?
Here’s a breakdown of the latest updates:
Wallet Updates
The Wallet is your centralized hub for managing practice funds. It holds the revenue you generate from patient-pay orders and simplifies how you allocate or withdraw funds. With these updates, managing your cash flow is easier than ever:
- Payout Disbursed: Receive a notification when funds are sent to your bank account.
- Cashout Initiated: Be notified as soon as the cashout process starts for you or your providers.
- Cashout Completed: Get real-time updates when your funds hit your bank account.
These updates ensure complete transparency and control, eliminating guesswork about your finances.
Revenue Enhancement System (RES)
The RES lets you generate additional revenue by customizing fees and retail prices for patient-pay orders. Here’s how it works:
- Retail Fees: Set a retail price for lab tests that’s higher than the wholesale cost to collect revenue.
- Consultation Fees: Add consultation fees directly to the patient’s bill for testing.
- Customizable Options: Rename fees in settings to reflect your practice’s offerings and adjust fees globally or for individual orders by percentage or fixed amount.
The RES ensures you can align your revenue with the value you bring to your patients, offering a seamless and transparent billing experience.
How the Wallet and RES Work Together
The Wallet and RES are designed to complement each other:
- The Revenue Enhancement System enables you to set and customize retail and consultation fees, increasing your earning potential.
- The Wallet then securely holds these funds, allowing you to allocate credits to future orders or withdraw them directly into your bank account with ease.
Together, they simplify revenue management, improve financial transparency, and reduce your administrative burden.
Stay Informed with Automatic Transaction Summaries
Effortlessly track your practice’s finances with automatic weekly or monthly transaction summaries sent directly to your inbox. These summaries provide a clear, consolidated view of all your transactions, including:
- Patient payments and retail fees collected
- Cashout details and payouts to your bank account
- Credits allocated to future orders
With this feature, you can stay on top of your revenue without the need for manual tracking or logging into the portal. Choose the frequency that works best for your practice—weekly for a detailed pulse on activity or monthly for a big-picture overview.
Start the year with smarter, simpler financial management, giving you more time to focus on your patients.
Why This Matters for Your Practice
- Maximize Revenue Potential
Customize fees and prices to reflect the value your practice provides while generating additional revenue from every patient-pay order.
- Improve Financial Control
Real-time notifications and streamlined cashout processes ensure you’re always in control of your finances.
- Enhance Administrative Efficiency
By centralizing revenue management in the Wallet and RES, you spend less time on manual processes and more time focusing on patient care.
Take Control of Your Revenue Today
Our enhanced Wallet and Revenue Enhancement System work together to simplify your financial workflows, helping you optimize revenue generation and management. Whether you’re adding retail fees, tracking payouts, or allocating funds, these tools make the process seamless and stress-free.
Explore the Wallet and RES Features Now
Log in to your portal today and see how these updates can make a difference in your practice.
