by Pete Crutchley | Feb 12, 2020 | Medical Billing News
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 will charge PMI Company 1 the...
by Pete Crutchley | Feb 11, 2020 | Medical Billing News
Every time I give a presentation to consultants wishing to start a private practice it’s pretty much guaranteed, I’ll get asked about having a website. In particular, I’ll be asked – do I need one? Do you? Short answer: YES!! Ah! – Comes the response from...
by Pete Crutchley | Feb 10, 2020 | Medical Billing News
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 appointed consultant is more adaptable to the direction of change in the...
by Pete Crutchley | Feb 10, 2020 | Medical Billing News
One of the most common remarks I hear from my guys is the number of patients they see in the NHS. They literally have patients queuing up to see them. Such a comment is normally followed by the opposite when discussing a private practice. They want to see and need to...
by Pete Crutchley | Feb 7, 2020 | Medical Billing News
Taking ONE real-life client as an example. Week ending Friday, January 31st: out of 15 consultations, 4 (four) came back with excess deductions £575. So for a total of £2,500 worth of revenue from outpatient consultations £575 or 23% came back short. Looking back to...
by Pete Crutchley | Feb 6, 2020 | Medical Billing News
One of the most often asked questions is “how 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 aiming to be a winner It means...
