Apr 27, 23
A Reminder that Reminders Work!
Billink Payments’ data reveals that activating reminders (24hr, 48hr, 7-day, 28-day) in the dashboard significantly increases payment success rates, with a system smartly targeting only patients with outstanding payments for enhanced efficiency and satisfaction.
Let’s face it, we all need a little reminder every now and then. Whether it’s a sticky note on the fridge or a notification on our phone, reminders can be a lifesaver. And when it comes to getting paid, the same principle applies. That’s why we’re here to remind you about the power of reminders (see what we did there?). Specifically, we’re talking about the 24hr, 48hr, 7-day, and 28-day reminders you can switch on in your Billink Payments dashboard. Trust us, they work!
We reviewed the last 500,000 paid Billink transactions, and the numbers speak for themselves:
- Patients pay 78.6% of the time without any reminder.
- If patients are sent 1 reminder, this increases to 95%.
- If two reminders are sent, it increases to 98.4%.
- Finally, if 3 reminders are sent, the success rate increases to 99.5%.
Nobody wants to spam patients with needless SMS messages. Rest assured, our system only sends out reminders to patients who still have outstanding Billink transactions on their accounts. Before sending out any reminders, we check the status of each individual transaction to ensure that patients are not needlessly bothered.
In fact, our reminders are pretty smart. Our system will automatically send the reminders based on the schedule you choose, which saves you time and effort. Additionally, you can adjust the reminder settings for individual transactions based on your needs.
Turning on payment reminders is a simple and effective way to improve your payment success rate and increase patient satisfaction. Don’t miss out on this opportunity to boost your practice’s financial stability. Reminders are priced at our standard SMS rate of 6.5c + VAT (8c total), which is a small price to pay for boosting success rates from 78.6% to 95%.
So, what are you waiting for? Turn on at least one reminder and see the results for yourself! Contact us today to learn more about our payment solutions and how to turn on payment reminders.
Thank you for choosing Billink Payments.
The Billink Payments Team