How Can We Compete With Zynex When They Don't Collect Copays And Deductables

[Anonymous]

How can I compete with a Zynex rep who claims his company doesn't collect copayments, etc...This gives this company an unfair advantage. I approach the rep and he said their is a loophole they discovered. What's this all about? Is there any advice out there?

 

[Anonymous]

How can I compete with a Zynex rep who claims his company doesn't collect copayments, etc...This gives this company an unfair advantage. I approach the rep and he said their is a loophole they discovered. What's this all about? Is there any advice out there?

The loophole may be something called insurance or Medicare fraud. Perhaps a discreet inquiry to insurance companies and/or the federal regulators may be in order.

I know that many insurance companies audit physicians/hospitals, etc. to check that they collect the deductibles. Thinking is if the doc doesn't collect deductibles, perhaps the insurance company is paying too much for the procedure or office visit ... I don't think you have to collect 100% of deductibles, but it had better be a high percentage, preferably at the point of service or serious attempts to collect by billing, etc.

 

[Anonymous]

The loophole may be something called insurance or Medicare fraud. Perhaps a discreet inquiry to insurance companies and/or the federal regulators may be in order.

I know that many insurance companies audit physicians/hospitals, etc. to check that they collect the deductibles. Thinking is if the doc doesn't collect deductibles, perhaps the insurance company is paying too much for the procedure or office visit ... I don't think you have to collect 100% of deductibles, but it had better be a high percentage, preferably at the point of service or serious attempts to collect by billing, etc.

This company lives in the abyss of loopholes