Check The Remittance Advice That Are Sent To You
Some consultants do not appreciate remittances sent to them are important. They are not just for tax reasons. They are not just to keep the accountant happy. There is a time-critical reason too....
Answer the phone!
Working for consultant surgeons is fun. However, since one particular private medical insurance company decided to outsource their help desk or their "advisors" late last year, there has been a...
Make It Easy To Get Paid
If you get the basics right many problems with getting paid aren't allowed to happen. As a result, accidents aren't allowed to happen. The basics are as follows: Patient’s full name Their...
The Right Number of Invoices
An MHM client held one of his twice-weekly outpatient clinics recently. Nine patients; so there should be NINE invoices. Except there are only EIGHT? A quick look at the list indicates one of the...
Undercharging For Your Work
To follow on from yesterday's post......... One of the most common mistakes made by a private consultant surgeon when invoicing is undercharging for their work. This is alarming when considered...
What’s next for your fees?
A shortened version of a recent conversation with a well established private consultant surgeon. Very recently one of the major PMI players announced a further reduction in payable fees. The...
Do it Once And Do It Right
I'm a really, really impatient person. I like everything done yesterday. Which is why I go incredibly slowly to start with. Do it once and do it right When I begin to raise invoices for a consultant...
Loosing £50 per injection
A Scottish colleague called me last week. A case of "can I pick your brains for two minutes?" What's the problem? I'm always happy to take such calls for many times I have called others with...
Are you a surgeon or are you an entrepreneur?
At a on-line medical conference recently a friend of mine was discussing the future of the private practice industry and what lay ahead. My colleague shared the view that the "younger" newly...
Excess Deductions: July 2021
One of the major areas MHM is approached about is excess and shortfalls. In July 2021, empirical evidence indicated 26% of all claims to private medical insurance companies are subject to an...
Patient Didn’t Show Up For Their Appointment
This is a topic that comes up frequently when I meet Private Consultant Surgeons. Indeed, the point was mentioned last year in a blog regarding asking self-funding patients to pay in advance....
How Do I Set My Fees?
Most consultants when they first start a private practice, consider how best they can set their fees. In reality, it is not the consultant who sets his or her own fees. It is the patient’s insurance...