Neurology Practice Financial Policy Agreement

Patient Financial Responsibility and Payment Terms

Neurology

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Last updated: Mar 24, 2025

Patient Information

Name: _________________________ Date of Birth: _____________ Account Number: _________________ Date: ____________________

Financial Responsibility Agreement

1. Insurance and Payment Policy

  • I understand that I am financially responsible for all charges, whether covered by my insurance or not
  • I agree to provide current and accurate insurance information
  • I authorize the release of medical information necessary to process insurance claims
  • Co-payments are due at the time of service
  • Self-pay patients must pay in full at the time of service

2. Insurance Coverage

  • It is my responsibility to verify that my insurance covers neurological services
  • I understand that pre-authorization may be required for certain procedures
  • I am responsible for knowing my insurance benefits and limitations

3. Missed Appointments and Late Cancellations

  • 24-hour notice is required for appointment cancellations
  • A fee of $75 will be charged for missed appointments or late cancellations
  • Repeated missed appointments may result in discharge from the practice

4. Payment Terms

  • Outstanding balances are due within 30 days of statement date
  • Payment plans are available upon request and approval
  • A 1.5% monthly interest charge may be applied to overdue balances
  • Returned checks will incur a $35 fee

5. Collections Policy

  • Accounts over 90 days past due may be referred to collections
  • Patient is responsible for all collection costs and legal fees

Acknowledgment

I have read and understand the financial policy and agree to comply with its terms.

Signature: _________________________ Date: ____________________

Print Name: ________________________

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