123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

The Up And Coming Cash Only Medical Practice

Profile Picture
By Author: High procs
Total Articles: 18
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Health insurance companies are taking over the medical industry at an alarming rate. According to research, about 9 out of every 10 doctors are contracted with managed-care services or insurance companies, making it difficult for them to control their own operations or see patients who don't have the insurance coverage that the practice associates with. Since the recession and economic downturn, the rising number of uninsured patients has significantly contributed to the healthcare industry and its perception of what the best solution is for this problem.
According to the Centers for Disease Control (CDC), there were about 46.7 million people who were uninsured during the first quarter of 2010. This number includes people of all ages, such as the 7.4% of children under the age of 18 that don't have health insurance. These are alarming numbers when the costs of healthcare are considered. Too many people go without, use urgent care or emergency rooms for common issues, or face the difficulty of trying to find a medical provider who will accept them as a patient without health insurance.
Instead of racking up huge ...
... bills or spending days searching for a physician who accepts uninsured patients, there is a better solution that is on the rise: the cash only medical practice. This type of operation gets rid of the insurance middlemen, helps lower the costs of medical care, and offers doctors a chance to get back to doing what they love: taking care of their patients. For patients, cash only medical offices are welcome relief. They have lower costs, less hassles, and there isn't as much disconnection because the doctor is trying to see as many patients as possible to make the overhead worth the effort.
The cash only medical practice isn't new, by any means. In actuality, it is simply a recurrence of historical medical care when the relationship was solely between a physician and a patient. Before health insurance, this is the way that every medical practice operated. Today, most patients are hard-pressed to find doctors who offer these types of clinics. The insurance companies aren't in charge with cash only medical practices, which is one of their greatest advantages. Instead of charging $80 for an office visit, getting the $20 co-payment at the time of service, and then waiting weeks to be reimbursed, doctors can charge a flat cash fee and avoid the hassles of collecting.
Many doctors have lowered their service costs with cash only medical practices because they don't have to pay staff to chase insurance companies, file paperwork, or deal with claims. They simply see patients, treat them accordingly, and then charge a flat fee for different services and procedures that is paid in full before the patient even leaves the office. Some doctors will offer payment plans or other types of services to patients in their cash-only practice, but they are all designed with one goal in mind: to avoid being consumed by health insurance administration hassles and to get back to what really matters, which is taking care of patients when they need it.
To learn more about cash only medical practices, visit Hippocrates Publishing today. Hippocrates Publishing has committed themselves to offering valuable resources for medical advertising, cash only medical practices, medical practice management, and other relevant healthcare business matters. You can find all the information and resources that you need at http://www.hippocratespublishing.com or by calling 877-408-2462.

For more information about medical advertising please visit https://www.hippocratespublishing.com/products-page/work-books/health-care-finance/

Total Views: 78Word Count: 577See All articles From Author

Add Comment

Business Articles

1. Why Should You Choose Professional Tax Consultants In Dubai?
Author: Maple Leaf Auditing Taxation and Accounting

2. Sell Your Old Computers, Copper & Electronic Scrap In Hyderabad At Best Prices
Author: Scrap Points

3. Scrap Buyers In Hyderabad – Ac Scrap Buyers And Aluminium Scrap Buyers
Author: Scrap Points

4. Need Audiotech Or Trade Show Services In Nyc?
Author: Speedy Event Rentals

5. Sahuarita Locksmith
Author: Rory Klippenger

6. Wet Scrubber Technology For The Best Experience
Author: Tianjin Huabang New Materials Technology Co., Ltd

7. Hotel Booking Api Worldwide
Author: Tejaswi

8. Need Webcasting Or Video Editing For Your Nyc Event?
Author: Big Apple Event AV

9. Need Audiotech Support In Nyc Or Hiring Ipads?
Author: Unknown

10. Why Choosing The Best Cleaning Machines Company Matters For Your Business
Author: Steve Smith

11. Usa Certificate Attestation In Dubai
Author: World Attestation

12. Trusted Scrap Buyers In Hyderabad For Copper, Battery And Aluminium Scrap
Author: Scrap Buyers Bazar

13. Trusted Computer Scrap Buyers, Ac Scrap Buyers And Scrap Buyers In Hyderabad
Author: Scrap Buyers Bazar

14. Top Brass, Computer & Ac Scrap Buyers In Hyderabad – Best Prices & Doorstep Pickup Services
Author: Scrap Buyer Hyd

15. Scrap Buyers In Hyderabad: Your Trusted Guide To Scrap Dealers And Aluminum Scrap Buyers
Author: Scrap Buyer Hyd

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: