Author Topic: What is the payment process procedure  (Read 1873 times)

kirklandyng

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What is the payment process procedure
« on: March 24, 2011, 10:07:20 PM »
I am in the creation stage of my business and I am writing my business plan and I do not know the best way to descibe how I receive payment from the provider after he has been paid by the insurance carrier. Can anyone describe to me how the payment process works; do I rely on the doctor to pay me or is there an ACH method to send the payment transaction to me?


Sincerely,


Kirklandyng
« Last Edit: March 24, 2011, 10:12:32 PM by kirklandyng »

Michele

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Re: What is the payment process procedure
« Reply #1 on: March 24, 2011, 10:51:23 PM »
That has to be determined by you.  How do you plan on charging your provider?  Will you be charging a flat fee?  A percentage? An hourly rate?  Your contract should spell out how you will be charging, when the provider will pay you, etc.
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kirklandyng

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Re: What is the payment process procedure
« Reply #2 on: March 25, 2011, 07:53:20 AM »
Thanks!

Medical Billing Forum

Re: What is the payment process procedure
« Reply #2 on: March 25, 2011, 07:53:20 AM »