Don’t Procrastinate: get your billing done.
Not getting paid doesn't happen by accident. Something causes it to happen. There is ALWAYS A CAUSE. If you leave invoicing until later (Friday for instance) it is very easy not to invoice at all....
Keep checking your fees before you charged less than you should
Oops. I had a zoom call with a surgeon recently about surgical fees. His view was they were too low and a certain insurance company was, in his view, trying to reduce the number of consultants they...
She thought he was doing it. He thought she was doing it
MHM was recently engaged to review the billing process of a hospital with a remit to find out why insurance companies weren't paying. Initial findings One company was proving to be a problem and an...
The Daily Discipline That Leads To Faster Payments
Ever wondered why MHM clients get very regular payments both from Insurance Companies, Private Hospitals and self-funding patients too? It is down to the above discipline - the ritual - both...
Private Practice is a business
Many times I'm asked how and why MHM clients achieve their practice aims with apparently so little effort. Actually they don't put in a little effort. They put in a HUGE effort. And the...
How does the difference between benefits and fees work?
The Difference This issue came up recently with a consultant surgeon. How are benefits and fees accounted for against a patient's package? Benefits Consider the total benefits payable under a...
Talking Is Much Better Than Texting
Recently I spoke about the clarity of data. You need to be able to read it. Consequently, I took a phone call last afternoon from an MHM client. He reminded me how I once gently pointed out...
Thinking Through To The Actual Problem
I called one of my friends early one evening last week. His phone went straight to voice mail. Curiously he didn't call me back with half an hour or so per normal. He called me this morning...
Self Funders – Why So Many Outstanding?
Most MHM clients have reported issues with self-funders when we get involved. It is also the source of many calls made to MHM. With the self-funding market increasing, it is important to understand...
Seeing More Patients Isn’t Always The Right Answer
Sometimes, getting more patients isn't always the right answer. The right answer is to get paid for the ones you have already seen. Over the last three months MHM has been working very closely with...
You Won’t Make More Money That Way!
This blog could easily have been called 'YOU WON'T UPLIFT A FEE BY DOING THAT" Recently a private consultant - the colleague of a current client in fact - called me with a problem. Sadly it was a...
Do You Need to Spend That Money
At a recent on-line presentation, I was asked about the costs and use of accounting software. Bearing in mind the presentation was to consultants who had not yet established a private practice,...