mtfbiller
Guest
Do you guys charged your customers for copayments they collected in the office?
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Wiki own billing company
- Thread starter mtfbiller
- Start date
SharonCollachi
Guest
When I had my own company (I gave it up because I was working full time AND doing billing from home), I charged for every dollar that came in if the provider wanted me to track it. Meaning, if they had a cash pay patient that they collected from every visit, then they didn't have to report it to me and I didn't have to collect my percentage. HOWEVER, if they wanted me to track it, in case the patient didn't pay every time, or if the patient wanted a statement at the end of the year and the provider wanted me to be able to produce it, then I did charge my percentage.
So yes, I charged for copays collected in the office. I still had to post it, and I still had to bill if they owed additional money, and I still had to produce statements for tax purposes for any patient that asked.
One doctor received a monthly stipend for doing some work at a hospital. Since the stipend came automatically every month, and I didn't have to do anything with it, I told him just to put it into his bank account and I didn't need to charge my percentage. Now, if he wanted me to produce an income statement at the end of the year, then I needed to track it (he just used one bank account for business, so he could use that at the end of the year instead of asking me).
So yes, I charged for copays collected in the office. I still had to post it, and I still had to bill if they owed additional money, and I still had to produce statements for tax purposes for any patient that asked.
One doctor received a monthly stipend for doing some work at a hospital. Since the stipend came automatically every month, and I didn't have to do anything with it, I told him just to put it into his bank account and I didn't need to charge my percentage. Now, if he wanted me to produce an income statement at the end of the year, then I needed to track it (he just used one bank account for business, so he could use that at the end of the year instead of asking me).
pinnaclephyserv
Networker
Would you charge extra for credentialing?
SharonCollachi
Guest
Yes, and it varied upon how much work was involved.