May an OBS practice contract with an entity which provides billing services and/or collection services only?
OBS practices may contract with a billing services company to do their billing, pursuant to a written agreement. The bills would be submitted in the name, on behalf of, and for the benefit of, the OBS practice. The insurer must make payments in the name of the OBS practice. The billing services company cannot have access to the revenue and can only be paid a flat fee. The OBS practice and the billing services company must enter into a business associate agreement pursuant to the requirements of the HIPAA. OBS practices may also contract with a collection agency to attempt to collect some portion of payment on a severely delinquent account. Again, this could only be done through a written agreement with the OBS practice. The collection agency is usually authorized to negotiate a payment arrangement or amount with the patient or insurer. The collection agency is usually paid a percentage of the amount paid, which would otherwise be written off as a bad debt. This is the only circumstance
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- May an OBS practice contract with an entity which provides billing services and/or collection services only?
