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Please advise.
I’m a new biller and the physician I work for (Primary Care) is throwing around the idea of collecting deductible amounts up front, at the end of the visit when the patient is checking out. This seems like a daunting task. Not only do we not know the amount that would be applied to patient’s deductible beforehand, we would also have to identify the patient’s that actually have deductibles. He’s thinking about this now because of the deductibles starting over in January and wanting to save time and effort (and money) chasing deductible amounts.
I would love some feedback from other offices that have a good workflow for this situation….how do you all handle deductibles?
Thanks so much for taking the time to offer your advice. It’s much appreciated!!
The Centers for Medicare & Medicaid Services (CMS) filed a notice in the Federal Register on Nov. 17 announcing the 2018 inpatient hospital deductible and hospital and extended care services coinsurance amounts for services furnished under Medicare Part A. Effective Jan. 1, 2018, the inpatient hospital deductible will be $ 1,340; the daily coinsurance amounts will be: […]
AAPC Knowledge Center
Many physicians and hospitals are asking patients for “estimated” out-of-pocket costs before their care. It ensures payment for doctors who may not receive payment for their services. The hospital push for point-of-service payment is to reduce high deductible healthcare debt from patients who now pay out-of-pocket for services not covered by insurance because the deductible is not […]
AAPC Blog