, we asked physicians what they do when their patients don't pay. About 43% said that they continue to treat them and develop a payment plan; 13% send their bill to collections; 12% continue their care and write off their balance, and 25% chose other actions. Only 8% of physicians drop patients if they don't pay.Start With Price Transparencywould cost because it wasn't listed anywhere, and it was usually more than expected.
Turning an account over to collections should be a last resort. In addition, agencies typically charge 30%-40% of the total collected off the top. On occasion, some small practices may allow a swap, such as allowing a patient to provide a service like plumbing, electrical, or painting in exchange for working off their bill. Though it's not ideal when it comes to finances, you may find it can work in a pinch for a cash-strapped patient. Make sure to keep records of what bills the patient's work goes toward.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: HuffPostWomen - 🏆 27. / 68 Read more »
Source: KSLcom - 🏆 549. / 51 Read more »
The Best Street Style Looks From Copenhagen Fashion Week Spring 2023There's a reason why we always look to Copenhagen Fashion Week's street style to see what's next when it comes to getting dressed.
Source: NylonMag - 🏆 697. / 51 Read more »
Source: CoinMarketCap - 🏆 290. / 63 Read more »
Source: SheKnows - 🏆 558. / 51 Read more »
Source: WIREDBusiness - 🏆 68. / 68 Read more »