Support our online development, and advance our onground research initiatives in free market economics, as we seek to showcase the brightest Next-Gen minds.
THE ME-P DISCLAIMER: Posts, comments and opinions do not necessarily represent iMBA, Inc., but become our property after submission. Copyright © 2006 to-date. iMBA, Inc allows colleges, universities, medical and financial professionals and related clinics, hospitals and non-profit healthcare organizations to distribute our proprietary essays, photos, videos, audios and other documents; etc. However, please review copyright and usage information for each individual asset before submission to us, and/or placement on your publication or web site. Attestation references, citations and/or back-links are required. All other assets are property of the individual copyright holder.
By Dr. David Edward Marcinko MBA MEd
***
***
Can a physician medical provider charge an office cancellation fee?
According to the American Medical Association’s Code of Medical Ethics, physicians can charge fees for “missed appointments or appointments not cancelled in advance in keeping with the published policy of the practice”, and they should “clearly notify patients in advance of fees charge” (Opinion 11.3. 2) [28].
And so, if you miss a doctor’s appointment these days, you could get hit with a “no-show” fee of up to $150 — or more for some specialties.
Is it legal for an insurance company to charge a cancellation fee?
These practices are typically legal. They help businesses ensure they can recoup the lost revenue due to no-shows or last-minute cancellations.
Cancellation fees are permitted, but seldom collected absent unusual circumstances, such as a great deal of work having been provided.
QUESTION: As a doctor [MD, DO, DPM or DDS], do you charge an office cancellation fee? If so, how much is it?
COMMENTS APPRECIATED
Like, Refer and Subscribe
***
***
Share this:
Filed under: "Doctors Only", Ask a Doctor, Ethics, Experts Invited, Funding Basics, Glossary Terms, Managed Care, Marcinko Associates, Risk Management | Tagged: AMA, cancellation fees, DDS, DO, DPM, Marcinko, MD, medical ethics, medical office, medical office cancellation fees, no show fees |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
Leave a comment