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Is your practice safe?
Based on federal and state law, the PayDC Discount Module gives you the confidence
and peace of mind you deserve by enabling you to automatically, consistently, and safely apply discounts.
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The industry is plagued with confusion and misinformation on the discount issues.
So when audited, most providers are found to be (unknowingly) discounting/waiving fees illegally, making their practice increasingly
vulnerable in costly recoupment actions. Even cash practices that let insured patients through the door are
responsible for abiding by various fee laws. (Sorry, putting up a sign up that you’re a “cash practice” won’t help.)
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The good news is that there are ways to safely offer discounts...
One of the best ways for providers to protect their practice is to use an automated system – one that makes
discounting simple, is in writing, is applied consistently across all patients -
of course be sure to check with your healthcare attorney to determine which discounts are right for your practice.
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With the law-based Discount Module you’ll go through a one-time, step-by-step process defining which types of discounts to offer, and to what extent.
Then following your settings, the system allows you to safely, automatically, and consistently applies your discounts - including:
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Limited Pre-Payment Discounts
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Time of Service Discounts
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Health Plan Allowable Amount Discounts
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Payment Assurance Discounts
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The Discount Module isn’t only about compliance though. It’s also about saving time, not giving
away too much, avoiding the game of “let’s make a deal,” and keeping your business clean so any
future plans with your practice aren’t jeopardized.
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With the law-based Discount Module, you will stop worrying with the questions...
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“Can I discount my fees?”
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“Can I write off the patient-portion due?”
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“How can I offer fee reductions in a safe and compliant fashion?”
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“Will my practice be safe if audited?”
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Still not sure what PayDC can do for
your practice?
Contact us now to learn more!
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