- Utilizing Medical Malpractice Data to Mitigate Risks and Reduce Claims
- Industry News
- Access and Reimbursement
- Law & Malpractice
- Coding & Documentation
- Practice Management
- Finance
- Technology
- Patient Engagement & Communications
- Billing & Collections
- Staffing & Salary
Practice tip of the week: Collecting from patients
Your weekly dose of wisdom from the Physicians Practice experts.
With all the useful information available on Physicians Practice, it is easy to become overwhelmed.
With this in mind, the tip of the week is a chance to reflect on some of the wisdom found all across the site. In this July 2024 article on collecting from high-deductible patients, Lucien W. Roberts, III, MHA, FACMPE, gives this tip:
7. Consider credit card on file
With appropriate safeguards, practices can keep patients credit cards on file and charge them for patient balances as long as the patient has given you written permission to do so.You do not want the liability of keeping their credit card information onsite, so use a certified and secure third party to retain the information.
Click here to read the rest of the article and be sure to check back next week for another Tip of the Week!
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.
