Patient Collections Basics Part 3: Developing a Financial Assistance Program
Category: Billing
If you've read parts 1 and 2 of this series, you know your payers and you've developed your financial policy. Now you are ready to consider a financial assistance policy for those patients without insurance.
Patients without insurance fall into one of three categories:
1. Patients without insurance who have the ability to pay their medical bills but refuse to pay them.2. Patients without insurance who have the ability to pay their medical bills and are willing to do so.3. Patients without insurance who do not have the financial resources to pay their medical bills.
Patients in category #1 are easy to identify. We've all encountered them and we know that they do not value what the physician or care provider offers, or they believe that for some reason they should not be required to pay. They will waste your valuable time and should be ...
Log in to read entire article now
UserID: Email:
Part 1: Managing Denials Is Important to Good A/R Hygiene
No Surprise Billing Act: What You Need To Know
Pathology Billing Services: All You Want to Know
Modesto Looks to Join Other Fire Agencies that Bill Insurance for Responding to Calls
Billing Dental Implants Under Medical Coverage
HHS Announces Rule to Protect Consumers from Surprise Medical Bills
Sending Surprise Medical Bills to Patients? Think Again
Case Study: Managing Patients, Payments, and a Pandemic
Avoid These Top 5 Medical Billing Mistakes
Why Will Medicare Administrative Contractors be Holding Claims Up?
Home | About Us | Magazine | CEUs and Webinars | Subscribe | Renew | Reprints | Writers' Guidelines
Follow us on social media