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Successfully Collect Patient Responsibility on NPBusiness.ORG

How To Successfully Collect Patient Responsibility So You Can Keep The Doors Open

It’s the beginning of the year, and annual deductibles need to be paid. It’s no coincidence that it’s also the time of year some practices experience problems with their cash flow. While it’s plenty challenging to collect copays and coinsurance throughout the year, it gets even more difficult when it comes to asking for deductibles. Read More

Coinsurance, CoPays, Patient Responsibililty

Collecting Money In Your Practice

If you are like me, you grew up in healthcare never having to ask patients for money. That was all handled by the business office, somewhere far away from the clinical workspace. We had no idea what the cost of care was or how it impacted patients.  If we worked in small offices, we were Read More

Coinsurance, CoPays, Deductables, Front Office
Copay, Coinsurance, Deductible on NPBusiness.ORG

Copays, Coinsurance and Deductibles

Both patients and healthcare providers are faced with situations where out of pocket healthcare cost are rising. Patients may have difficulty meeting their share of the cost while providers may struggle with wanting to waive fees and balance that with cash flow issues. But there is more to it than that. Before you do that you’ll Read More

Coinsurance, CoPays, Deductibles, Financial Management, Insurance

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