tci Part B Insider - 2003 Issue 26

Deadly Don'ts Of Accounts Receivable Billing

Watch out for these 4 mistakes practices often make If you're making some common mistakes, it could drag your practice down into unprofitability. Watch out for the following no-nos:    Confusing "patient responsibility" balances with Medicare and other payers. "Most physicians will allow patients to pay a small amount from now until eternity," says Phyllis Yingling with Apple A Day in Hilton Head, S.C. So these copays and deductibles may make your A/R look much worse than they should.   "The patient-responsible accounts require consistent follow-up and handling of payment plans," adds Gary Matthews with...

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