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How much to charge

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PMRNC:
I adjust it for every so many additional patient accounts, for some it might be 10, for others it might only be for every 5, it depends on the type of practice.

margemib:
Thanks Linda!

margemib:
Linda one more thing, If there are no new patients how often do you specify in the contract that you will review the sliding scale?
do you state how often, but inbetween that time it may change depending on volume of new patients?
margemib

PMRNC:

--- Quote ---Linda one more thing, If there are no new patients how often do you specify in the contract that you will review the sliding scale?
do you state how often, but inbetween that time it may change depending on volume of new patients?
--- End quote ---

In the past I have had clients who were not accepting no new patients, but I knew ahead of time so their pricing was set and would stay that way with the exception of a general cost of doing business increase once per year and that is in all my contracts. Each contract is different but everything is spelled out. Even for the practices that i know are not routinely accepting new patients it's still in their contract that if they do there is an increase and what that increase is and the volume of increase. Just to give yo an idea, one of my clients is a psychiatrist and he is growing his practice which is fairly new, so his volume when we started last month was low but he's increased his patient volume with 9 new patients, his contract allows me to adjust upwards at 6 clients so he's already had one increase. But he is happy, he started out 7 months ago and wasn't able to increase his patient base because he was bogged down with the billing, so he benefits as do I.

margemib:
Thanks again Linda!

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