Tuesday, December 3, 2019
Payment Methods free essay sample
So in saying this the patient may have to pay some feeââ¬â¢s before they leave the doctorââ¬â¢s office because of some sort of procedure they had done. So the way the relationship goes for the fees for service is like this. The patient makes their usual monthly payments to their health plan or itââ¬â¢s set up to be automatically withdrawn from their paycheck. If they make their payments on time then they can have medical services done by a physician. The patient then pays for any feeââ¬â¢s or co-pays for the medical services that were provided on that day and then the Medical Biller will then bill the health plan. The patient may be reimbursed for the some money they had to pay out of pocket. Capitation payment cycle is way different. Capitation means that there is a fixed prepayment that is paid to the medical provider for members of their plan for only necessary services provided to them. We will write a custom essay sample on Payment Methods or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page By using the capitation payment cycle the doctor may be taking risks for receiving fewer patients. Some doctorââ¬â¢s offices prefer this though because they are a small doctorââ¬â¢s office and only want to deal with people that have certain medical insurances so their biller and coder doesnââ¬â¢t have to learn everything else. The only thing with this though is that they medical insurance is going to pay the doctorââ¬â¢s office the same amount of money each month no matter what. This may cause problems for the patient because if they donââ¬â¢t go see their doctor that month then they are still getting charged.
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