Practice Management Alert

Perfect Your Non-Par Collections With 4 Options

Prevent hundreds of dollars from running out the door with these expert tips. There are some insurance companies that your practice just doesn't want to participate with. So, if your physicians are seeing patients with insurance you do not par with, how can you ensure that your practice still gets paid? The problem: When you are a non-participating provider with a payer, the patient directly receives the check from the insurance company. But some patients do not, then, use those funds to pay the bill your practice sends. What are your options? According to the experts, you have four. Option 1: Collect at the Time of Service Since you know that your practice does not participate with the patient's insurance company, you also know that the payer will send the check directly to the patient. Therefore, you can collect the fee for your services directly from the patient while he [...]
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