At the same time, you have numerous options in working with patients and a procedure for helping to collect all outstanding balances. (Lohr, 2010)
When you put these different elements together, they are showing how this strategy can be utilized to reduce the underlying costs and increase profitability. This is accomplished by: outsourcing those procedures that decrease productivity and costs (billing / collections). While, being able to offer patients flexible payment plans and certain times where they can receive discounted services. Once this occurs, it means that costs will remain under control and the profit margins of the clinic will increase. This is because of the flexibility that this policy is providing. As it is allowing health care professionals' to adapt to the underlying challenges facing many private practices. (Lohr, 2010)
When these kinds of procedures have been utilized consistently, is the point that the culture will change within the clinic. This is significant, as it is illustrating how new tools and techniques must be utilized by: private practice...
Once the written request is received, we will pay within 30 days (PCC.com, no date). If you paid by credit card, we will issue the refund to your card directly. If you paid cash, we will issue you a check. Part B: This policy is ideal for a small generalist office. The policy should outline the Medical Associates position clearly, so that the patient has an understanding of how billing and collections
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