Clarifying Copays
We are somewhat confused by the subject of copays. Eighty-five percent of our practice is generated in the hospital — either through consults or the emergency department — and we rarely see patients in the office until their follow-up. Are we ever allowed to collect a copay on a patient's follow-up visit?
Question: We are somewhat confused by the subject of copays. Eighty-five percent of our practice is generated in the hospital - either through consults or the emergency department - and we rarely see patients in the office until their follow-up. Are we ever allowed to collect a copay on a patient's follow-up visit?
Answer: You are correct that most patients you see - those that came to you from the hospital - do not owe you a copay when they come to your office for follow-up care.
Follow-up visits generally don't include copays.
Of course, you'll want to collect from anyone else - your other 15 percent of patients.
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
