W9040 – don’t treat an insurance company as the enemy. Try talking to them instead.
It is depressing the number of times I hear potential clients rubbishing insurance companies. In my experience the reasons normally cited are incorrect. Far from it. I've lost track how often I've...
Failure to get paid is NOT an accident.
There is ALWAYS A CAUSE why a Consultant Surgeon does not get paid If you leave invoicing until later (Friday for instance) its very easy not to invoice at all. It can happen also if, for whatsoever...
This is what happens if you let excess and shortfalls get out of control!
A few weeks ago, I was checking what was happening with shortfalls and excess since the start of the year. Using a single private consultant surgeon as an example: Week ending Friday...
Patient MUST pay if the insurance company haven’t paid after 3 months
A group of surgeons I know is having problems getting paid by insurance companies. Not just an individual insurance company but all insurance companies. The practice manager claimed...
Taking Card Payments
A Private Consultant Surgeon must have the facility to take payments by card and/or over the telephone. It is not a "nice to have" anymore. It is a necessity. Consider the following real MHM...
You’d ask a colleague so why not ask an expert?
Recently I was reading an article in a business management magazine. The article highlighted some of the challenges faced by small business owners when they start. But it could also...
What a consultant surgeon can and cannot charge for?
There are numerous occasions when a consultant can charge for a follow-up consultation when performing a minor surgical episode. But it is important to understand which private medical...
The surgeon who solved his self funders problem. He didn’t have any patients afterwards though.
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...
Invoicing £4,265 much, much later and not getting paid a penny of it.
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....
THEY DON’T KNOW WHAT THEY DON’T KNOW
During a conversation with a friend of mine recently (he is in the medical industry too) I pointed out that our clients had a couple of things in common. For one thing they are...
Why won’t patients just pay their consultant surgeon the excess?
Ever thought what is the most often quoted reason for non-payment by a patient of their excess? The same reason is quoted over and over again. It's not "I haven’t got the money” nor is it “I didn’t...
What’s happening with a consultant surgeon’s shortfalls / excess amounts?
Per normal I was checking what was happening with shortfalls and excess over the weekend. Using a single private consultant surgeon as an example: Week ending Friday January 22nd: out of 15...