You have no choice – run it as a business please
Private medical practice is a business must be run as a business. A surprisingly large number are NOT run as a business which is fine provided you don't expect to make any money or making money is...
Who are you?
At a 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...
I give up! Don’t they like money or something?
It is common in my world to be presented with a number of unpaid invoices. The remit is to go get paid for them. That I can do. But it depends? If they were raised in the first place that is. If...
Time and cancelled Appointments
This is a topic that comes up frequently when I meet Private Consultant Surgeons. Indeed, the point was touched upon last year in a blog regarding asking self-funding patients to pay in advance....
Working all the time is very unproductive
There was a story on the BBC website regarding the safe use of mobile phones when driving. Apparently, there are still those who hold the phone to their ears. There are those who read...
What do you do when excess and shortfalls increase in number?
Taking ONE real-life client as an example. Week ending Friday, January 25th: out of 15 consultations, 4 (four) came back with excess/shortfall deductions totaling £575. So for a total of £2,500...
Unpaid excess amounts – the usual reasons
Ever thought what is the most often quoted reason for non-payment by a patient of the excess? The same reason is quoted over and over again. It is not ‘I haven’t got the money” nor is it “I didn’t...
MHM Fee Checker – how to maintain your fee levels
Fees differ If fees differ between insurance companies how can they be checked and monitored? For example, a fee for a fictitious CCSD code XY4321 can differ between the big five insurance companies...
Don’t you want to be paid or something?
Following on from a recent blog and questions raised at a presentation to consultant surgeons, I was asked to further explain why you must invoice quickly. Unacceptable Delay The obvious one is that...
Inappropriate Billing
What on earth is that? A couple of examples recently where consultants who have tried to base their fees on the best rate available. Take the consultant who realises that PMI company Num 1 pay £300...
Patient arrives but without a pre-authorisation
The patient arrives for the consultation. He hasn’t obtained a pre-authorisation from his/her insurance company. Should you see the patient? Yes, of course, you should; patient care must come first....
Focus on your business objective.
To successfully perform medical invoicing or medical billing there has to be a degree of focus on the task itself. In fact, there has to be a total concentration on the expected outcome. But what is...