Hospital Bill Promissory Note Template for Switzerland

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Key Requirements PROMPT example:

Hospital Bill Promissory Note

"I need a Hospital Bill Promissory Note for a patient who requires a 24-month payment plan for a CHF 50,000 medical bill, with monthly installments starting March 2025 and including a guarantor clause."

Document background
The Hospital Bill Promissory Note is a crucial document in Swiss healthcare financial management, typically used when patients require structured payment arrangements for substantial medical bills. This instrument, governed by Swiss federal law and cantonal regulations, provides healthcare providers with a legally enforceable mechanism to secure payment while offering patients a formal framework for managing their medical debt. The document must comply with both the Swiss Code of Obligations' requirements for promissory notes and healthcare-specific regulations regarding medical billing and patient rights. It's particularly relevant in cases of significant medical expenses, non-coverage by insurance, or when extended payment terms are needed. The document includes detailed payment schedules, interest provisions, and enforcement mechanisms while maintaining compliance with Swiss data protection laws regarding medical information.
Suggested Sections

1. Parties: Identification of the healthcare provider (promisee) and the patient/debtor (promisor), including full legal names, addresses, and any relevant identification numbers

2. Background: Brief context of the medical services provided and the resulting hospital bill that forms the basis of this promissory note

3. Definitions: Key terms used in the document, including 'Principal Amount', 'Interest Rate', 'Due Date', and other relevant terms

4. Promise to Pay: Clear statement of the unconditional promise to pay the specified amount, including the exact sum in Swiss Francs

5. Payment Terms: Detailed payment schedule, including installment amounts, due dates, and payment methods

6. Interest Rate: Specification of any applicable interest rate, calculated in accordance with Swiss law

7. Default Provisions: Consequences of missing payments and conditions constituting default

8. Enforcement: Rights of the healthcare provider to enforce collection under Swiss debt collection laws

9. Governing Law: Explicit statement that the note is governed by Swiss law

10. Signatures: Space for dated signatures of all parties, with requirements for validation under Swiss law

Optional Sections

1. Acceleration Clause: Optional clause making entire amount due upon default, used when dealing with larger amounts or higher-risk situations

2. Guarantor Provisions: Used when a third party is guaranteeing the payment obligation

3. Insurance Coverage: Include when part of the payment may come from insurance and coordination is needed

4. Prepayment Terms: Optional section specifying terms for early payment, including any penalties or benefits

5. Modification Terms: Section describing how the note can be modified, used for more complex payment arrangements

6. Privacy and Data Protection: Additional privacy provisions when sensitive medical information needs to be referenced

Suggested Schedules

1. Schedule A - Original Hospital Bill: Detailed breakdown of the medical services and charges that constitute the principal amount

2. Schedule B - Payment Schedule: Detailed amortization schedule showing all payment dates and amounts

3. Schedule C - Insurance Information: Details of any insurance coverage and expected payments, if applicable

4. Appendix 1 - Copy of Identity Documents: Copies of identification documents of the promisor and any guarantors

5. Appendix 2 - Power of Attorney: If applicable, documentation authorizing someone to sign on behalf of the patient

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Healthcare

Medical Services

Financial Services

Insurance

Legal Services

Healthcare Administration

Debt Collection

Banking

Relevant Teams

Legal

Finance

Patient Financial Services

Billing

Collections

Compliance

Risk Management

Patient Relations

Administration

Relevant Roles

Hospital Administrator

Financial Controller

Healthcare Finance Manager

Patient Financial Services Director

Legal Counsel

Billing Coordinator

Collections Manager

Healthcare Compliance Officer

Medical Practice Manager

Accounts Receivable Specialist

Risk Manager

Patient Relations Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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