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Payment only: Practitioner Letter of Intent October 2016 Kathleen T. Union, MD, MA Indiana University School of Medicine OPTIMISTIC Project Director 410 W. Tenth Street, Suite 2000 Indianapolis, IN
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How to fill out payment only practitioner letter

01
Start by addressing the letter to the relevant recipient, such as the insurance company or the billing department of a medical facility.
02
Include your personal information, such as your name, contact details, and any identification numbers that may be required.
03
Clearly state the purpose of the letter, which is to request payment as a payment only practitioner.
04
Provide a detailed breakdown of the services rendered, including the dates, descriptions, and any relevant billing codes.
05
Include the total amount due and any payment terms or deadlines, if applicable.
06
Attach any supporting documents, such as invoices or medical records, that can validate the services provided.
07
End the letter with a polite and professional closing, and include your signature as well as the date.
08
Make copies of the letter and any attached documents for your records.
09
Send the letter via certified mail or another trackable method to ensure it reaches the intended recipient.

Who needs payment only practitioner letter?

01
Healthcare practitioners who provide services on a payment-only basis.
02
Providers who do not directly bill insurance companies or other third-party payers.
03
Practitioners who opt to be paid in full by the patient at the time of service.
04
Medical professionals who do not contract with insurance companies for reimbursement.
05
Providers who operate independently and do not accept payment from insurance or managed care plans.
06
Practitioners who offer cash-only services and do not participate in any insurance networks.
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Payment only practitioner letter is a document that informs the IRS that a practitioner will only receive payment for services rendered and will not handle any funds on behalf of the client.
Any tax practitioner who will only provide services for a fee and will not handle any funds on behalf of the client is required to file a payment only practitioner letter.
The payment only practitioner letter can be filled out by providing the practitioner's information, services offered, acknowledgment of payment terms, and signature of both the practitioner and the client.
The purpose of the payment only practitioner letter is to ensure transparency in the relationship between the practitioner and the client regarding payment terms and to protect the practitioner from any potential liability related to handling funds.
The payment only practitioner letter must include the practitioner's contact information, services offered, payment terms, confirmation that the practitioner will not handle funds, and signatures of both the practitioner and the client.
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