Revenue Cycle

Tip: Establish copay procedures

Patient Access Weekly Advisor, May 21, 2008

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Providers are generally required to have credit and collection policies, and everyon in the healthcare continuum- from the health plan to the employer who sponsors the plan- relies on the provider to collect copays, says Maria Buckley, of counsel at Nutter, McClennen & Fish, LLP, in Boston. You need to do your part.

  • Most agreements that health plans have with providers require you to abide by your credit and collection policy, Buckley says. “You need to make good- faith and reasonable efforts to go after the patient copays and deductibles and follow your policies.”
  • In some states, such as Massachusetts, some providers can get compensation for treating the uninsured (i.e., providing uncompensated care). “But a routine waiver of deductibles and copays doesn’t fall into that bucket,” Buckley says. “You are permitted to legitimately waive deductibles and copays on a case-by-case basis in accordance with your credit and collection policies when you have determined that somebody meets a financial means test or a percentage of federal poverty guidelines.”
  • Make sure that you are abiding by filed credit and collection policies, Buckley warns. “You can’t be routinely waiving these things to bootstrap or back-door your way [toward] having preferred status- or to have a competitive advantage over similar providers or as a routine courtesy for certain people.”

    Note: This tip was featured in Revenue Cycle Management: A Best Practices ToolkitTo learn more about this book, click here.

     

     

     

     

     

     

     

     

     

     



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