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Pros and cons of keeping patient credit cards on file

from Modern Medicine

Today's health insurance policies have patients paying more of their medical costs. That, in turn, creates financial challenges for many physicians. Consider this statistic: 73 percent of physicians say it typically takes at least one month to collect payments from patients, with 12 percent of patients waiting more than three months to pay, according to the most recent Trends in Healthcare Payments from healthcare payments network InstaMed. more

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