12/1/2023 0 Comments My lockbox switches![]() ![]() Go with a lockbox service, and your bank or financial institution will offer your group a secure mailbox and the means to collect and process patient checks for you. Box?Ĭhoose a post office (P.O.) box, and your group will have a dedicated mailbox at the post office where someone from your team will need to unlock the box, pick up the checks, deposit them, and record the payment. What’s the Differenc e Between a Medical Lockbox and a P.O. This guide covers the differences between both options, including the downsides and benefits, so you have everything you need to make the best choice. ![]() box for your revenue management?īoth processing methods ensure a safe, secure, confidential way for your patients and their insurance companies to mail their payments to your group.īut is one option better than the other when it comes to your bottom line and compliance records? Is your emergency medicine group using a lockbox or a P.O.
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