Helping Patients While Protecting Your Practice: Understanding Patient Responsibility

Want to support patients struggling with their out-of-pocket costs? It's important to navigate this situation carefully to ensure you comply with payer contracts and avoid potential penalties.

Here's the key: Unintentional write-offs can violate contracts with private payers and lead to reduced reimbursements. Additionally, waiving patient responsibility for Medicare or Medicaid could result in serious consequences, including fines and program expulsion.

Understanding the Difference: Learn the distinction between contractual write-offs and legitimate charity care.

Finding Alternatives: Discover creative solutions to assist patients, like offering payment plans or enrolling them in financial assistance programs.

Protecting Your Practice: Gain insights on policies to ensure compliance with payer regulations.

By understanding the right approach, you can help patients in need while safeguarding your practice's financial health.

Let's work together to find the best path forward!