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Hcr 230 Final Project

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Hcr 230 Final Project
Financial Policy Here in Dr. Childs’ office, we have specific rules and regulations included in our financial policy. We are happy to have you as a patient, and look forward to proving all of your health care needs. This office values having a communicable relationship with our patients. We would like to provide you with our financial policies, so there is a clear understanding of the policies. If there are any questions regarding this office’s policies, please feel free to ask any questions.
Updating Information: It is important that the office is provided with the most current patient information. The patient is responsible for updating any information such as insurance, name change, address, phone number, or next of kin. (Lexington, 2006)
Our Insurance Policies: Here at Dr. Childs’ we accept almost all major medical insurance plans. We submit all claims to the insurance company for you. It is important that all insurance information is kept up to date, to avoid any denied claims. We will only submit a claim once; if the claim is not paid the patient is responsible for all charges in full. If there is any remaining balance, the patient will be billed for any charges left over. Any type of co-payment or deductible must be paid in full at the time of visit. We accept all major credit cards, money orders, or cash. We do not accept checks, sorry for any inconvenience. The patient is responsible for knowing what is covered under his or her insurance. Not all insurance is the same, it is important to know your co-payments and deductibles. Patient is responsible for knowing all services covered. (Women’s Health Specialists, 2009).
Submission of Claims: Like stated before, we submit all claims to the insurance company. We strive to help our patients get the best out of their insurance. We only submit the claim to the most recent insurance provided, and we only submit the claim once. If the insurance company needs any additional information regarding the



References: Bristol County Medical Center (n.d.). Patient Financial Policy. Retrieved November 26, 2009, from http://www.bristolmed.com/financial.html Lexington (2006) NAPA Valley Orthopedic (n.d.). Financial Policy. Retrieved November 26, 2009, from http://napavalleyortho.com/financial_policy.html Performance Orthopedics (n.d.) Valerius, J., Bayes, N., Newby, C., & Seggern, J. (2008). Medical insurance: An integrated claims process approach (3rd ed.). Boston: McGraw-Hill. Women’s Health Specialists (2009). Insurance/Billing. Retrieved November 27, 2009, from http://www.obgyndm.com/billing.cfm Financial Policy Part B Bristol County Medical Center (n.d.). Patient Financial Policy. Retrieved November 26, 2009, from http://www.bristolmed.com/financial.html

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