“The AdvancedMD Tip of the Week” - Savvy Practice Tips from Industry Experts

Billing Patients that have a Percentage Plan

Thursday, Nov. 2, 2006

Instead of waiting to bill a patient their coinsurance portion after their carrier pays a percent of the allowed amount, input the carriers fee schedule into your system. This will allow you to calculate the balance the patient will owe based on the procedures performed and collect it from them at the time of service; a great alternative to holding the balance in your aging A/R and waiting for the carrier to remit.

The AdvancedMD Advantage: AdvancedMD allows you to input the carriers fee schdule into your system to collect at the time of serivce rather than increase your aging A/R. Find out more here.

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