Unlocking Savings: How Prompt-Pay Discounts Can Slash Your Hospital Bills

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Introduction to Prompt-Pay Discounts Prompt-pay discounts represent a financial incentive offered by healthcare providers, particularly hospitals, to encourage timely payment of medical bills. These discounts are typically a percentage reduction on the total amount owed and are applied when patients or their insurers settle their accounts within a specified timeframe, often ranging from a few … Read more