I am helping someone set up a new practice and figure out how to separate collection for a particular physician in the group practice. For example, ABC Medical Associates, PA (tax ID: 1234567) has three physicians: A, B and C that provide primary care services then their billing company bills medicare/medicaid and third party payors. If we need to separate all collections attributable to services rendered by physician C, is there a way to have the medicare/medicaid and third party payors send the electronic payments to a separate bank account? The separate bank account will be opened under the ABC Medical Associates PA's tax ID 1234567.
If the answer is no, is there another way to track the collections attributable to physician C? Can the billing company run a report that would show separate billing for physician C?
Appreciate your input.