What physicians do when patients can’t pay their bills

More than half of physicians continue to treat patients and develop a payment plan when patients cannot pay their bills, according to Medscape’s “Physician Compensation Report” for 2023.

Advertisement

Medscape surveyed 10,011 physicians across more than 29 specialties about their income, work hours, job satisfaction and more from Oct. 7, 2022, to Jan. 17, 2023.

Here is how physicians deal with patients who cannot pay their bills:

  • Continue to treat them and develop a payment plan: 55 percent
  • Write off balance one time and continue treating: 14 percent
  • After several attempts to get paid, drop them as patients and use a collection agency: 12 percent
  • Write off balance repeatedly and continue treating: 10 percent
  • Drop them as a patient after making several efforts to get paid: 7 percent
  • Other: 17 percent

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC News

  • Atlanta-based United Digestive is planning an ASC in Watkinsville, Ga., focusing on organic growth to expand its network. The newly-constructed,…

  • At least 25 ASCs have closed over the past five years, a pattern of attrition driven by financial strain, staffing…

  • As the ASC industry continues to grow alongside new waves of surgical innovation, patient preferences and shifts to value-based care,…

Advertisement

Comments are closed.