Most financial compliance violations are the result of good intentions combined with lack of understanding. While not intended to be an all-inclusive, we will consider some of the relevant areas of concern. Dual Fee Schedules A “dual fee schedule” is defined as charging a group or insurance company more than patients who pay cash. The…
Cash-Based Practice and Medicare
Seeing Medicare Patients as a Cash-Based Practice The essence of a cash-based practice is collecting most, if not all, payments across the front counter vs. waiting for payment from a third-party payer. Many providers find themselves on the wrong side of the rules by creating various permutations of this concept, sometimes without even knowing they…
Financial Compliance
Keep an Eye on Financial Compliance Most financial compliance violations are the result of good intentions combined with lack of understanding. While not intended to be an all-inclusive, we will consider some of the relevant areas of concern. Dual Fee Schedules A “dual fee schedule” is defined as charging a group or insurance company more…