by Pete Crutchley | Nov 18, 2014 | Medical Billing News
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 the sooner you invoice, the sooner you get paid. Fairly straight...
by Pete Crutchley | Nov 6, 2014 | Medical Billing News
Recently a family member in conjunction with his/her GP decided an appointment with a private consultant was necessary. As the family member had private medical insurance through his/her employer, a phone call was made to the consultant suggested by the GP. It...
by Pete Crutchley | Nov 4, 2014 | Medical Billing News
Take this ONE client as an example. Out of 15 consultations 4 (four) came back with excess / shortfall deductions totalling £575 in one week. So for a total of £2,500 worth of revenue from outpatient consultations £575 or 23% came back short. Looking back to the same...
by Pete Crutchley | Oct 30, 2014 | Medical Billing News
Benefits or Fees This issue came up during a recent meeting with a consultant surgeon. More specifically how fees are accounted for against a benefits package and the possible creation of a shortfall. Consider the total benefits payable under a patient’s insurance...
by Pete Crutchley | Oct 14, 2014 | Medical Billing News
Reality is, the question itself is incorrectly asked! A consultant surgeon or other medical professional doesn’t set his/her own fees. Instead the fees payable are designated by the private medical insurance company with whom the patient is insured. Take ANY surgical...