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Kareo Help Center

Kareo Patient Collect Powered by Tebra FAQs

Updated: 05/23/2023
Views: 2201

Answers to the most common Kareo Patient Collect powered by Tebra questions.

Application Process

Question Answer
Does my business qualify to use Kareo Patient Collect powered by Tebra? Kareo requires certain information about your business to determine if it qualifies to use Kareo Patient Collect powered by Tebra. We verify the following information:
  • Business owner identification
  • Business identification
  • Bank account information
  • Type of business (types of goods sold and/or services rendered)
  • Business risk level (what is the potential risk for disputed transactions and/or fraud?)
How do I apply for Kareo Patient Collect powered by Tebra? You can request to get started with the Kareo Patient Collect powered by Tebra sign up process via the:
How does Kareo help prevent abuse of the financial system? Kareo collects information related to your business and the owners and controlling parties of said business to comply with Know Your Customer (KYC) obligations.
What is Know Your Customer (KYC)? Know Your Customer (KYC) references a set of guidelines that financial institutions and businesses follow to verify the identity and risks of a customer in order to prevent fraud, corruption, money laundering and financial terrorism.
What is an additional owner defined as? A additional owner is defined as an individual who owns 25% or more of a company.
What is a controlling person defined as? A controlling individual or entity is a person who is in the position to make major legal and/or financial decisions for an organization (e.g., business owner, business manager, accountant, C-level executives, title holders).
Note: If the individual/entity listed as the bank account owner is not the controlling party or owner, additional documentation will be required to verify that party's role within their organization.
I have submitted my application to use Kareo Patient Collect powered by Tebra. How do I check the status of my application? The application process typically takes 5-7 business days to complete. You will receive an email with the status of your application. If you have further questions, contact us by submitting a Kareo Support ticket.
My application was approved, how do I start taking payments? Congratulations! You can now begin collecting payments on the Platform and through the patient portal. Review these help articles to learn more about how to collect payments:


Question Answer
How do I see a list of transactions? The Payments Hub provides a quick and easy way to review all transactions processed using Kareo Patient Collect powered by Tebra. Review the Navigate Transactions help article to learn more.
What are the different transaction statuses and how are they defined? Statuses and definitions:
  • Processed: Card was charged
  • Refunded: Transaction amount returned to the cardholder; both the original transaction and refund will show on the cardholder’s statement.
Can the Kareo Patient Collect powered by Tebra page be accessed via the Desktop Application (PM)? No, the Kareo Patient Collect powered by Tebra page can only be accessed via the Web Application.
What types of cards can be processed? We can process Visa, Mastercard, Discover, and AMEX cards. This applies to debit, credit, prepaid, and gift cards.
Note: While FSA/HSA cards are processed as credit cards, information about the goods or services provided is not automatically sent to FSA/HSA providers. Cardholders may need to be provided proof of eligible medical expenses (e.g., receipt) to submit a claim independently with their FSA/HSA provider for reimbursement approval.
How do I give a refund? Transactions can only be refunded within 40 days of the initial transaction date. After 40 days, a transaction can not be refunded. No additional fee is taken for the refund, but the fee for the original transaction will not be returned.

For additional information about refunds and how to process them, review the Issue Refunds help article.
How do chargebacks work? Chargebacks occur when a cardholder disputes a transaction and contacts their card-issuing bank to reverse the transaction. To learn more about chargebacks after a transaction is processed with Kareo Patient Collect powered by Tebra, review the Dispute Chargeback help article.


Question Answer
When and how will I receive my payouts? Kareo makes payouts to the bank account you designated on your merchant application to send you your funds. There may be a delay in your initial payout of up to 10 business days after your first successful payment. All following payouts are typically delivered by the second business day after a successful transaction. For example, transactions completed on Monday will reach your bank account on Wednesday.
How will payouts appear on my bank statement? Payouts will appear on your bank statement as being from TEB, short for Tebra.
Can I customize my payout schedule? No, you cannot customize your payout schedule at this time.
How do I see which transactions were part of a payout? At this time, we do not have a way for customers to see which transactions were part of a payout. This feature will be coming soon. If you need a list of transactions, contact us by submitting a Kareo Support ticket.

Account Information

Question Answer
How do I change the bank account for my payouts? You can change your bank account by requesting the DDA / ACH Change Form. To request this form, the controller or a beneficial owner should email with the subject line "Request for DDA / ACH Change Form".

Kareo will create a secure Sharefile portal and share the access link via email. The Change Form can be found in the portal. Fill out the form in its entirety. Kareo will assess a $15 fee to update your bank account information.

The following information is required to complete the Change Form:

  • Merchant ID (7-digit ID number found on your monthly statements)
  • Legal Name or Doing Business As Name (DBA)
  • Tax ID or SSN (ID number you file with the IRS)
  • Bank Name, 9-digit Routing Number, and Account Number you want to update to
  • Merchant Account Principal (the owner or owner of this processing account) must print and sign their full name and provide a copy of an ID (Driver's License or state issued ID). If your signature does not match the one we have on file, we will request additional identification from you for security purposes. For your protection, we will not complete your DDA change until we have met our security procedures.
  • Include a voided check and a bank letter. The bank letter must contain/state the following:
    • Bank letter head
    • The full account and routing number
    • The type of account (e.g., checking or savings)
    • Whether it is a business or personal account
    • The name associated with the bank account: If your business is an LLC or INC, ensure it is printed with your company name. If your business is an equal partnership, indicate that both partners have signing rights to the bank account.
    • Indicate the bank account type is able to accept unlimited ACH debit and credits
    • Signed by a representative of the bank

Once the Change Form is completed, return the form to Kareo. Upload the completed Change Form, voided check, and bank letter via the Sharefile portal provided to you by Kareo.

If you have additional questions about the form or submission, email

What happens if there's a change in business details or ownership? If your legal entity has changed (e.g., Federal Tax ID/EIN), you are selling your business, or making an ownership change, request a Business Details Change Request Form by emailing with the subject line "Request for Business Change Form".


Question Answer
What is the pricing policy? Review the Pricing Policy to learn more.
What are the fees taken by Kareo for each transaction? 2.75% + $0.30 per transaction
What additional fees are charged by Kareo? Review the Pricing Policy to learn more about additional fees. These fees are deducted from your payouts.
Note: The Card Account Updater is not available at this time.

Regulations and Compliance

Question Answer
What is a 1099-K form? The 1099-K tax form is used to report card payment and third party payment transactions. If you meet the Internal Revenue Service (IRS) thresholds, you will be issued a 1099-K.
What is PCI compliance and why is it important? Payment Card Industry (PCI) compliance refers to the technical and operational steps taken to protect the payment card data provided by cardholders and used in card payment transactions. PCI compliance is mandated by regulatory bodies to ensure the security of card transactions.
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