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The Importance Of Time In Orthopedic Patient Payment Collections

September 12, 2017
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Reimbursement

Summary/Abstract

When it comes to collecting payments for orthopedic services rendered, time is the enemy. As time passes, the likelihood for reimbursement decreases. What can a practice do to ensure the collection of payments? One solution which will increase the likelihood of being reimbursed is upfront collection of payments. It may be difficult for staff or physicians to present this requirement of upfront payment if it hasn't been a rule in the past.