Can I Really Be a Cash Practice?
About This Event
We're all seeing declining reimbursement from third-party payers. More financial responsibility is shifting to your patients. Now, more than ever, you must have a simple way to help patients afford the care you provide, or they elect to suffer needlessly. That may or may not include removing yourself from all insurance plans. There is a happy medium! Improving your patient's understanding of your fee structure, the various payment options available, and how you will work with them to make care affordable will benefit you AND your patient. This course was originally presented by Kathy Mills Chang on November 1, 2012, and was sponsored by Foot Levelers, Inc.
Learning Objectives
- •Evaluate the financial sustainability of transitioning to a cash-based practice model versus maintaining insurance relationships
- •Develop a transparent fee structure that communicates value to patients and improves treatment acceptance
- •Implement multiple payment options and financing strategies to improve patient affordability and compliance
- •Analyze the impact of declining insurance reimbursement on practice profitability and patient care decisions
- •Create a patient communication plan that explains fees, coverage options, and financial arrangements clearly
- •Identify the hybrid practice model as a viable alternative to all-cash or all-insurance approaches
Speakers
Event Details
Start Date
On Demand
End Date
—
Price
$85
CE Hours
1 hours
Format
Online / Virtual
Speakers
5
Premium Domain
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