Introduction:
The Patient Payment Plan or Financial Plan is based on an individual patient's insurance, self-pay treatments offered by the clinic, and the financial condition of the patient.
The Copay, Deductible, Visit Fee, and Co-Ins amounts are considered when offering the payment plan.
There are three plans allowed by the system: 'Weekly', 'Monthly', and 'Per Visit'.
 Note:
- The Payment Plan is always finalized before the patient's treatment starts.
One patient has only one open Payment Plan at a given time.
- If the Copay or Visit Fee is collected, then it is collected in the 'Advance' tab of the Copay screen when the patient has a Patient Payment Plan.
If the patient pays after the patient responsibility is created, then normal fees are charged to the patient.
If the patient prepays, i.e., before the responsibility is created or during the visit, then the patient is given an appropriate discount and the payment plan is set up based on the discounted rate.
A tracking mechanism is incorporated to remind users about the Next Payment Due, Amount Due, Last Payment Date, Last Amount Paid, Balance Amount, etc.
|