Brandon, What Is Your Policy On Keeping Credit Numbers on File? [Pediatric Practice Management AwesomeCast]

I continue to get a lot of questions about our practice’s policy of collecting credit information from all of our patients. So Chip and I thought we’d dig into what is a recognized growing trend. In this episode, I describe my thoughts going into this decision, some of my concerns, and why we decided to collect them. Chip also asked me how do we go about collecting cards, how did I/we present the idea to parents, where I store the cards and what benefits did it bring to our practice and our families. I also give out a shou-tout to Mary Pat Whaley from Managementmypractice.com. Mary Pat hosts a monthly webinar on how to implement a credit card on file. I addition to this recording, I’ve written quite extensively about the issue. If you click on this “link“, you’ll be directed to all things collections from the PediatricInc perspective. Enjoy! Listen  Download: episode_23_021414_-_maintaining_patient_credit_card_accounts.mp3 iTunes linkFiled under: Collections, Revenue, The Business of Medicine Tagged: Accounts Receivables, AwesomeCast, bills, Collections, Credit card, finance, front desk, Front Desk Collections, Lending, Management, Pediatric Practice Management AwesomeCast, Podcast, Revenue, statements
Source: Pediatric Inc - Category: Pediatricians Authors: Tags: Collections Revenue The Business of Medicine Accounts Receivables AwesomeCast bills Credit card finance front desk Front Desk Collections Lending Management Pediatric Practice Management AwesomeCast Podcast statements Source Type: blogs