FAQs

Frequently asked questions

Is being HIPAA and PCI compliant enough?

No. The 21st Century Cures Act goes beyond what HIPAA and PCI compliance require.

How much will this cost me?

MED Token is a cost neutral compliance solution easily deployed via our merchant processing platform.

How much are the fines for not being compliant?

Between $0 and $1,000,000 per occurrence, and you can even lose as much as 25% of your Medicare/Medicaid payments. Fines began being imposed after 7/31/2024.

Who do you currently work with?

Sheridan Solutions and our expert team work with the American Hospital Association and many state associations to help their member organizations stay current and compliant when it comes to The 21st Century Cures Act payrment processing requirement. Aspen Dental and Heartland Dental are also large clients using MED Token.

How long does it take to implement MED Token?

We can quickly help you implement MED Token in your hospital or health care practice. We encourage you to speak with us so we can help you determine the next steps.

MED Token™ for Healthcare

Dual Payment Credit Card Processing with MED Token™

How do I save money with dual processing?

Once you set up our Dual Payments month-to-month subscription program, it automatically adds 3-4% to your customer’s bill and eliminates this major cost for you.

How many transactions will dual processing cover?

You can use the Dual Payment program for an unlimited number of transactions.

How much is added to my customer's bill?

It automatically adds 3-4% to your customer’s bill. This eliminates a significant cost and contributes to your bottom line.

Why choose SWA for traditional credit card processing?

If Dual Processing isn't for you, we will beat any current rate. We charge a low monthly fee for traditional processing and there is no charge for equipment.