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What are the pros and cons of going out of network? Any resources to learn how to do it well?
Depending on their OON benefits you can still offer them those procedures. You can send your bill to the insurance company. You can also need to make a good faith attempt to collect the patient portion but do not need to send the patient to collections (I think about three statements). And if someone let the patients know they wont get sent to collections, then maybe they wont strangle you. I would still collect the copay though upfront. Depending on your fee schedule, maybe you can get closeI think it would become difficult if you wanted to offer your patients more advanced procedures like stim or other implants. Anything with equipment costs. At least if it's just shots you can write off a good portion to keep people from strangling you when their insurance refuses to pay.
Nj does or did, but horizon blue cross of nj has basically squashed this. A lot of the OON practices in the area have dissolved because they couldn’t make it anymore.I think a lot depends on how many employees in your area have benefits that include out of network care, and how many of your competitors are OON.
New Jersey has a ton of this, but Im not aware of anywhere else in the country this is common, and would expect a severe decrease in business if I tried it.