Below you'll find a list of all posts that have been tagged as “Coinsurance”
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. …
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 …
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 …