Patient Discounts Medical Practice

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How Paying Your Doctor in Cash Could Save You Money

https://www.consumerreports.org/healthcare-costs/how-paying-your-doctor-in-cash-could-save-you-money/

Reduced fees for paying cash are more common for diagnostic procedures, such as CAT scans, X-rays, and ultrasounds, but cash payers can also often get a better deal for certain lab work,...

Patient discounts the fine line between leniency and liability

https://www.medicaleconomics.com/view/patient-discounts-fine-line-between-leniency-and-liability

Patients are clamoring for discounts amid rising deductibles and copays, but doctors could pay a steep price for offering them in spite of their good intentions, …

Know When You Can — and Cannot — …

https://www.aapc.com/blog/48289-know-when-you-can-and-cannot-waive-patient-copays/

And if that patient happens to be enrolled in Medicare or Medicaid, you could be found guilty of a felony, punishable by up …

Do self-pay discounts encourage patient responsibility?

https://www.mgma.com/revenue-cycle/do-self-pay-discounts-encourage-patient-responsibi

What’s the discount? If you do decide to offer a self-pay discount, what should it be? Susan Childs, FACMPE, MGMA member, president, Evolution Healthcare …

Charging Different Rates For Same Service | WebPT

https://www.webpt.com/blog/the-dish-on-patient-discounts-can-you-charge-different-rates-for-the-same-service/

CMS is okay with providers offering patient discounts to those who are experiencing financial hardship—and that’s about it. Offering discounts to Medicare …

Practice discounts | American Medical Association

https://www.ama-assn.org/member-benefits/practice-benefits-discounts/practice-discounts

As an AMA member, you will receive a 0.25% rate discount if you are approved for a practice loan with Laurel Road.*. *All credit products are subject to credit approval. The …

Prompt pay, cash discounts, dual fees legal for …

https://cohenhealthcarelaw.com/2017/06/prompt-pay-cash-discounts-dual-fees-legal-healthcare-providers-physicians-chiropractors-acupuncturists-part-2/

The legal rules differ by state. California law, for example, allows healthcare providers to charge a prompt payment discount. Business & Professions Code, Section 657 provides: …

MiraMed - When May Physicians Offer …

https://www.miramedgs.com/web/54-focus/past-issues/fall-2016/606-when-may-physicians-offer-professional-courtesy-co-payment-and-cash-payment-discounts.html

4. Discounts for Cash Payment. To avoid the costs and uncertainties of seeking payment from insurance companies, many medical practices offer patients discounts for cash payments. While the practice of …

Contractual allowance vs. bad debt for …

https://www.lbmc.com/blog/contractual-allowance-for-healthcare-providers/

Categories: Healthcare Tax Unlike most other businesses, healthcare providers often deal with multiple parties throughout the billing process, such as patients, third-party …

Offer discounts to insured patients for …

https://www.icsystem.com/clinic-offer-discounts-insured-patients-upfront-cash-payments/

A patient in a recent Wall Street Journal article details how an X-ray cost a patient $600 under her insurance plan. But if she paid in cash during the visit, the price dropped all the way to $70. …

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