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Can physicians offer cash discounts?
Concierge practices that accept only cash and typically require a retainer may be exempt from limitations. However, offering discounts for cash payments may violate any contract between a payer and provider since it impacts the payer’s negotiated rates. Therefore, physicians should determine if there are any contractual limits to offering such discounts. State laws may also place restrictions on providing discounts. In any event, if a physician provides any type of discounts, they should have a written policy in place that is followed uniformly.