Medical Billing Forum
Starting a Medical Billing Business => Starting Your Own Medical Billing Business => : jyoung65 April 25, 2012, 08:07:21 PM
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Hello,
I have a partnership with another medical billing company. I have a pending contract with a speech and hearing practice. If I get the contract I will need to subcontract some of it to the other medical billing company. I am not sure how to pay a subcontractor. Please give me any advise, I am open for suggestions.
Thanks in advance for your feedback. :)
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Are you going to be dividing up the work from the one account? I would think if you will both be doing the work you will have to find a way to determine how much each of you are doing. Like is it 50/50? or is it more like 75/25? Since it sounds like you are the one who is getting the contract, you may want to get something for that. So even if the work is split 50/50 you may want to take a higher cut? We did this once a while back but it was when we were charging a %. We didn't do any of the work, just got the account. We took 1% and gave the service doing the work the rest.
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I am thinking about splitting the work 50/50, so do you think 60/40 would be fair? Thanks for your feedback!
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I would think so since the account is yours.