How are payments dispersed to providers?

How are payments dispersed to providers?

We settle accounts on a weekly basis on Wednesdays. We will debit or credit an account based on the balance on that said day. It may take 3-5 days for your bank to transfer the funds. 

Your Payments page will show a breakdown of funds received, less the cost of goods and services, the revenue earned, and credits earned as well. You can drill down to specific patients to see the history of their events as needed. 

Pending Payouts are from subscriptions that do not have a prescription order tied to them. Currently, we do not pay until a provider submits a Rx because we have to know the cost of goods to withhold. If a provider doesn't submit a Rx, 28 days later, the old Rx gets replaced with the new charge. Since the old Rx gets replaced and we aren’t submitting it to the pharmacy, we don’t have to withhold the cost of goods, so we can send payment out at that time.
  1. All providers get their money when the 28 day order cycle expires. We’re not keeping your funds indefinitely, you will receive payment as those orders expire just as we have always done.
  2. Note - We are diligently working to enhance our technology to align with the diverse ways providers run their practices. Hopefully in the coming months, we’ll have functionality in place that will eliminate the dependency for an Rx to be submitted and enable us to send money early. 

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