With all the different insurance plans out there, it can be difficult for patients to understand exactly how their money is getting to the person who provided them care and how that affects their healthcare decisions. Three of the most prevalent payment methods include fee for service, comprehensive primary care and concierge care.
Fee for Service
The fee for service method is one of the oldest and most traditional methods of billing patients. In this method, providers record services rendered, often using a charge capture system, and then bill the patient or their insurance company a fee without any prearranged agreement on the price. You may be thinking, what is charge capture? Charge capture is simply the process your healthcare provider uses to collect all the information they need to send out a bill for their services.
Comprehensive Primary Care
The comprehensive primary care method emerged to address the … Read more