Wiki Policy for cash pay patients

[aluttig@entadmin.com]

Hello. We are updating our procedure for charging patients that are paying in cash. It is my understanding that to be compliant we must use the same fee schedule that we use for billing insurances. However, that is a greater price than what we want to charge cash pay patients. We ideally want to charge patients based on the medicare fee schedule. How is that best handled?

Increase our fee schedule to 300% of medicare reimbursement across the board, and then offer a same day payment discount of 2/3? If so, how should that be noted on the ABN forms and patient financial responsibility forms that they sign?

Thanks