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Establishing fees for your health center is one of the most important financial tasks to be undertaken. Fee establishment is a requirement as stated in Chapter 16: Billing and Collections (Element A and B), and it’s vital to remember that having an up to date fee schedule means that your health center is not leaving “money on the table”. How is this possible? By remembering the following concepts:
While this list is not inclusive of all methods to establish and review your fee schedule, it’s important to start the conversation. Maximizing revenue will lead to better outcomes and improved quality of care. For more information on HRSA requirements on setting fees, please visit: https://bphc.hrsa.gov/compliance/compliance-manual/chapter16