URGENT ALERT: The Latest Scam on Medical Providers
5.29.20
The following applies mostly to those who provide some or a lot
of treatment and especially in a mixed-use practice –
Workers’ Compensation, Commercial/Group, Medicare, Auto and
Private Pay.
Medical practice owners and office managers all know that your
billing staff or billing service is a fierce
defender of your interests. They are your eyes and
ears, keeping a close watch on collections, cash flow and
anything that might disrupt them. They are on the front
line of financial success or failure. They tenaciously guard
your livelihood. Their working day (and sometimes night) is
full of monitoring accounts receivable, billing accuracy and
collection efforts.
Only sometimes are these same individuals or entities authorized
to sign payer or middlemen contracts on your behalf, and if
so, only after a “corporate” decision is made to do so.
That is why it’s so puzzling that Direct Pay, a Nevada
company, would try to “slip one past your goalie” with
the latest scam on medical providers, CLICK HERE to
view.
The scam involves a $15 check which comes in the mail just like
hundreds of other payments and EOBs do every month. Direct
Pay figures the odds are good that some offices might tear
off the check and scan it directly into their bank account
because it looks like an insurance payment.
The catch is, by “cashing” the check, the practice signs itself
up to a steep discount below current payment levels; oftentimes a
35% discount from fee schedule rates!! Also, it can place
liens on the practice receivables. To date, the scam is
known to have been attempted against physical therapist practices
and other ancillary providers. Our warning to you is be
vigilant.
Not wanting to wait for the scam to spread, we are taking a few
minutes to put out a warning about this trick. If you
discover an attempt against your practice by Direct
Pay it will be helpful to know how to contact the
organization directly:
Emails can be sent to Lindsay Conrad: lconrad@trpndirectpay.com
By phone: 702-834-3435
If Direct Pay attempts to victimize your practice,
please let me know via email: dbenton@calchiro.org. We’ll
be contacting the authorities.
Other questions? Please do not hesitate to call or email.