Building alternative revenue sources will play a critical role as healthcare providers face increasing pressure to diversify revenue, manage costs and maximize efficiencies. As traditional revenue streams from insurer and patient payers fluctuate, healthcare providers are adapting to find new alternatives.

Accounts payable is an area where hospitals and physician practices are finding significant revenue opportunities. As NJHA's strategic partner for payables strategies, CommerceHealthcare® understands hospitals unique challenges. 

CommerceHealthcare® takes a different approach to healthcare account payables and creates a better experience for your organization, staff and suppliers. The CommerceHealthcare® approach can help transform the AP department by reducing costs, improving operating efficiencies and generating alternative profit streams.

CommerceHealthcare® accounts payable solutions can help your organization:

• Develop programs that complement existing initiatives and processes
• Generate monthly revenue share with no disruption to current banking relationships
• Strengthen supplier relationships through a better payment experience
• Accelerate the invoice approval and payment process
• Reduce costs associated with paper checks, while also minimizing fraud risks
• Gain greater insight into payment trends through analytics and national benchmarks

Discover if your organization is leaving money on the table. Schedule a free spend file analysis and see what revenue opportunities you may be missing.