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Percentage Billing
kwardbilling:
thanks, I just wanted someone to confirm for me that it was good business practice to do that. I did send a quick email, just saying basically, good luck and if it doesn't work out contact me and just a little FYI, the reason I bill flat rate the way I do is to take into account the well being of my clinicians, as it's again the law in MA for a clinician to split fee (percentabe base) the fee they pay to their biller. Hopefully will make them think alittle bit about this. Don't expect to hear from the two of them. Oh well.....just have to keep being persistent with the marketing. Things are going well, but still have room for more :)
Take care everyone and thanks for the advice!
PMRNC:
--- Quote ---I did send a quick email, just saying basically, good luck and if it doesn't work out contact me and just a little FYI, the reason I bill flat rate the way I do is to take into account the well being of my clinicians, as it's again the law in MA for a clinician to split fee (percentabe base) the fee they pay to their biller.
--- End quote ---
Perfect! No, sometimes it doesn't work and usually the doctor has to go ahead and disregard the law simply because "everyone is doing it" and that's ok.. if they are that cavalier about something serious like that.. can you imagine some of the things they might want you to do. That's how I look at it.
kwardbilling:
This is sooo true. I also am finding out that many clinicians have no idea about the billing end, what's appropriate and what isn't. The clinicians I am working for (5 of them), tell me all the time, how much they appreciate me keeping them informed.
I really enjoy this website and all the information contained in it. It's nice to know when you do have a question there is someone out there that might have some good advice for you!
thanks again this was helpful.
Karen
midwifebiller:
Providers "having no idea about the billing end"?? How true! Excuse me while I get this off my chest...we lost our largest client last week, and I believed it was in part because they are a new practice, don't understand the billing and basically didn't think we were doing a good enough job for them. Two months after they opened their doors, they were complaining to me, "why aren't we seeing a profit yet?" and "why don't we have more insurance payments?". Oh well, we terminated the contract and are now in our 90-day runout period.
This week, another one of our clients forwarded me a new post from a business group. The post was a provider complaining about her "new billing service" not doing things the way she thought they should be done. I looked at the signature line and it was.....our old client. Her complaint was one I had heard several times, but I'm sure she thought I didn't know what I was doing. I was irritated and pleased at the same time--which I know is not very professional. I hope the new billing service can keep them happy. It is a steep financial loss for us right now, but my stress levels have drastically reduced!
Pardon the rambling...
DMK:
I have 1st hand knowledge of providers not knowing about the billing! Practitioners are focusing on PRACTICING! They have enough on their plate to keep up on current medical conditions, drugs, and methods. Billers can sell their services by stating that during their presentations!
Also, by explaining how LONG it can sometimes take to get paid, how much the insurance companies reduce the bills, and how important it is to have a payment policy and GOOD front desk personnel, you help their business and allow them to focus on being a great doctor!
Don't let the practitioners snow you! They don't know all they need to know about the billing. My husband defers to me to find that out (I'm the biller!) But educate them well so that they know that you know your stuff!!!!!
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