It is difficult to talk money with patients; but by setting the expectation for payment up front, you are more likely to collect what your practice is due.
For patients who have been sent to collections, but who still wish to receive care at your practice, one solution is to set them up on a payment plan.
Here is a sample patient installment plan that you can use; please be aware that this does not constitute legal advice or has not been vetted by an attorney.
*Courtesy of P.J. Cloud-Mould, Turnaround Medical AR Recovery
Is your practice ready for the Trump tariffs?
April 7th 2025Tariffs are set to drive up costs across industries — including health care — impacting everything from medical supplies to retirement accounts. Take a look at the ripple effects on medical practices and some proactive strategies for physicians to stay one step ahead.