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Credit Card Payments for Physician Fees: A Regulatory Tapestry

Collections are a critical part of running a physician practice. The shift toward patient responsibility for higher co-payments and deductibles under today’s health plans has driven the need for physician offices to shore up collection methods. Whether a practice is insurance or cash-based, patient payments are making up an increasing share of revenue. Every business needs to make money to survive, but physicians must balance the need for profit with the responsibility to provide quality patient care. In addition, laws regarding ethics, licensing, and patient privacy are layered into the regulatory tapestry that governs physician collections.

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After Transition to Electronic Health Records (EHR): What to Do with Paper Files?

The use of electronic health records (EHR) in the physician office provides many benefits, including quick access to accurate, complete information about patients at the point of care; legible, complete documentation; reduction of medical errors; privacy and security of health information, secure sharing of electronic information; and streamlining of coding and billing. Without a doubt, the process of transitioning from paper records to EHR can be challenging and stressful, but the rewards are worthwhile.

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