Category: Cash Essentials

Cash Or Insurance Crumbs?

Q:  How soon do you feel that you'll have to be a cash practice or keep scrounging for crumbs? In a lot of parts in this country and throughout the world, they're already scrounging for crumbs. It's already way past the 'insurance sucks', phase.  In many if not most areas, you can barely get any

Sunday March 15th, 2009 in Cash Essentials, Fundamentals, Mind-Set | No Comments »

Documentation For Cash Patients

Q:  In the cash practice, does documentation have to change? The answer is no, documentation really shouldn't change. You should be documenting everything you do with every patient and you should be documenting it to whatever standards you're upheld to by your state boards and any other regulatory bodies. Unfortunately, most people document strictly for

Sunday March 15th, 2009 in Cash Essentials, Fundamentals | No Comments »

Cash and P.I.?

Q:  What about personal injury? Does the cash practice just not go there? That's a really tough one. I can tell you that I personally didn't go there. If one of my patients was injured in an auto accident, I would give them an option. I would tell them that I could continue to take

Sunday March 15th, 2009 in Cash Essentials, Retention | No Comments »

Should I Use Super-bills?

Q: Do cash practices provide a super-bill to those insurance patients that want it? The answer is, "That depends." I did. I was real easy. Once every two weeks my staff would push a button, pop out all the super bills, and they'd attach them to the people's travel cards, and when they came in,

What Should I Charge For Adjustments?

Q: How do you decide what to charge for adjustments in a cash practice? How do you decide what to charge for adjustments in an insurance practice? The bottom line is that you need to get clear on the value of what you 'sell' to your patients. What is your talent worth?  What is the

Sunday March 15th, 2009 in Cash Essentials, Fundamentals, Mind-Set | No Comments »