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Effective Financial Policies And Procedures

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Effective Financial Policies And Procedures
Effective Financial Policies and Procedures
Andrea Muller
HCR/230
November 9, 2014
Rebecca Robinson Bragg
Effective Financial Policies and Procedures The basic elements of an effective medical office financial policy are that it should be clear and concise and leave no room for misunderstanding. These policies should be posted in the patient waiting room, given to patient in a paper form and explained to patient so that they know what is expected of them. An effective medical financial policy will include every possible financial scenario and address effective ways to handle them that will not burden the medical office staff members nor embarrass the patient. The policies should coincide with state and federal updates. Co-payments,

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