Everybody assumes that any doctor in private practice is going to be rolling money. The truth is that you can need money just like any small business, and billing issues, especially when dealing with insurance can be a real nightmare.

In fact, many doctors and dentists with smaller private practices can go through periods where they’re worried about making their own payments due to lack of money coming in. Don’t let that happen to you!

Use these tips to help you learn more about collecting the money that you’re owed as a medical professional.

Consider Payment Arrangements

If you’re running a medical or dental care clinic, there’s a good chance you treat patients whose bills aren’t completely covered by insurance. In most cases a person who has good insurance is still going to have to pay out of pocket for a variety of procedures.

When that happens it can be hard for the patient to come up with all of the money at once. Instead of seeking full payments, consider working with patients you’re familiar with, or those who wish to make monthly payments.

Breaking a bill into six payments over six months can help you collect and make it possible for patients to pay you in an affordable manner.

Seek Outside Help

One of the best things you can do as a medical professional is to seek outside help with billing. Skilled collections experts and people who understand Medical Billing Direct can help you collect full payments faster.

You also won’t have to make the phone calls or mail letters on your own!