Effective Policies and Procedures Essay

There are a few basic elements for an effectual medical examination major power financial form _or_ system of government that should be known. One of the first-year elements of a good financial policy is that both the affected roles and the staff members flush toilet follow the policy. An new(prenominal) element should be that the policy tell the patient clearly what is expected of them when it comes to them making payments and what they may be creditworthy for, and how the dresser handles the payments process. A good policy would tell how to handle the collection of co-payments and other payments the patient is responsible for. It would explain financial arrangements for the unpaid balances. It would explain the glide fee scale for the patients that are low income. It should explain about the payments for the open services and prepayment for services.It should explain their payment options (cash, credit, check, money order, etc). Medical office procedures deliver the fina ncial policy by making it clear and making current that it can be applied consistently by administrative and passkey staff members. They also scram sure the patient is educated from the pop on the billing and reimbursement process. If the office does not support the financial policy this leaves lots of direction for error. This could lead to many unpaid accounts or new-fashioned payments on the accounts. It could lead to large amounts of money having to be paid in lawyer fees to sue the patient for the money that is owed. This leaves room for the patients not world able to understand what is expected of them when it comes to making payments on their accounts.Some strategies the medical office could occasion would be to make sure to get a signature from the patient showing they truly understand what they are responsible that way they cannot come back later and say they did not know. This would make them understand what they are responsible for as far as deductibles and repaym ents and the office would have a signature showing they acknowledge their responsibility. They could also use clear and precise printouts so that everyone can read and it would list everything and if it is cover or it if the patient is responsible. The best strategy I could think of would be to follow all policies and procedures exactly so there is no room for any error in someone not knowing what was or was not supposed to be done.