Billing Process – recording payments
It ranks up there with not sending an invoice out in the first place. It is the number one complaint a private consultant gets from patients about his/her billing process. It's also a critical...
Reviewing the billing process – Part Two
Yesterday we established how to find precisely where your private practice is as regards debtors. Now we need to look at the invoicing process. But Do NOT react to a high level of outstanding...
What do I look for when reviewing the billing process of a private consultant surgeon
What do I look for? Precisely where the Practice is now. When? The very first day It seems the most obvious place to start. It is. But numerous times a practice doesn't really know what is...
Your call is important to us….
An email arrived last week asking me to call a prospective new client. He'd been reading my blogs and wanted help to grow his practice. In particular, he wanted a review of the...
Inpatient care can be charged for
I was at a medical conference recently and one of the speakers - a well-established consultant surgeon and an incredibly safe pair of hands - stated during his presentation that a private surgeon...
Avoiding the chaos field.
It was the classic environment where chaos reigned supreme. There was a serious amount of money outstanding. Didn't take long to work out why. The problem was the practice principal. He insisted...
Do your homework before you start a private medical practice
I left school more years ago than I care to remember. Then as now I make sure I do my homework though. The only difference is now I do it for private medical consultants some of whom are thinking...
Leaving until Friday can hurt you
Not getting paid doesn't happen by accident. Something causes it to happen. There is ALWAYS A CAUSE. If you leave invoicing until later (Friday for instance) it is very easy not to invoice at all....
Happens easily if you don’t check your fees
Oops. During a coffee break at a conference recently, I was chatting to a surgeon about surgical fees. His view was they were too low and a certain insurance company was, in his view, trying to...
Everybody thought somebody else was doing it
Earlier this year, MHM was engaged to review the billing process of a private hospital. The project was to investigate why private medical insurance companies were not paying. Initial findings One...
Ritual = Results = MONEY!
Ever wondered why MHM clients get very regular payments both from Insurance Companies, Private Hospitals and self-funding patients too? It is down to the above discipline - the ritual - both...
Want to take the island? Burn the boats!
Many times I'm asked how and why MHM clients achieve their practice aims with apparently so little effort. How do they take the island? Defined Objective MHM does not allow its clients to define...