by Pete Crutchley | Oct 2, 2018 | Medical Billing News
Many private consultant surgeons 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. What does remittance advice do? A remittance advice...
by Pete Crutchley | Oct 1, 2018 | Medical Billing News
I argue with medical insurance companies all the time. Let me, however, be very specific about when and why I argue with them. I argue with them when I think they are wrong or when I think they have made a mistake. Real-Life Example A real example will illustrate why...
by Pete Crutchley | Sep 28, 2018 | Medical Billing News
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 for a procedure whereas PMI company 2 pay £400. He decrees he...
by Pete Crutchley | Sep 27, 2018 | Medical Billing News
A question asked at the recent presentation. Insurance companies use medical coding to identify and detail a medical procedure. For example: if you are an Orthopaedic surgeon you will understand precisely what a Multiple arthroscopic operation on knee...
by Pete Crutchley | Sep 26, 2018 | Medical Billing News
Just taking ONE client as an example. Out of 15 consultations, 4 (four) came back with excess/shortfall deductions totaling £575. So for a total of £2,500 worth of revenue from outpatient consultations £575 or 23% came back short. Looking back to the same week...
by Pete Crutchley | Sep 25, 2018 | Medical Billing News
One of the most often asked questions is “how as a private consultant surgeon can I improve or increase my cash flow”. The answer, as regards medical invoicing, is very simple to answer: RAISE YOUR STANDARDS But what does that mean in reality? It means...
