How doctors are losing money every time a patient pays a bill

<p>"A practicing anesthesiologist for the past 14 years, when COVID hit, and the ORs came to an abrupt halt, I needed to occupy my mind. An opportunity to learn about the business behind running a practice came to me via a good friend who is a founding member of an award-winning Fintech on a mission to make a change in the credit card processing industry. I was stunned to learn about the questionable practices common in this industry. Medical education does not include business training, leaving us particularly vulnerable – no matter how great our office manager! I’ve seen first-hand how a little knowledge can yield significant savings in time and money. Here are the basics about what we, as doctors, should know."</p> <p><a href="https://www.linkedin.com/in/jennifer-mogan-97b75a1b0/" target="_blank" rel="noopener noreferrer">Jennifer Mogan</a> is an anesthesiologist and account executive, <a href= "https://www.parkplacepayments.com/" target="_blank" rel= "noopener nofollow noreferrer">Park Place Payments</a>.</p> <p>She shares her story and discusses her KevinMD article, "<a href="https://www.kevinmd.com/blog/2020/10/how-doctors-are-losing-money-every-time-a-patient-pays-a-bill.html" target="_blank" rel="noopener noreferrer">How doctors are losing money every time a patient pays a bill</a>." (<a href= "https://www.kevinmd.com/blog/2020/10/how-doctors-are-losing-money-every-time-a-patient-pays-a-bill.html">https://www.kevinmd.com/blog/2020/10/how-doctors-are-losing-money-every-time-a-patient-pays-a-bill.html</a>)</p>