explain the 90% to the middle man... Tell me what happens to a $100 fee billed to insurance...
let me help you... I have no idea were you get your "facts and figures' but they are no where near reality..
$100 fee.. (office visit for instance)
50% is charged off immediately... (Dr's office just writes it off) well there went half that money already.. the middle man is rolling in the dough now..
we now must pay the girl that took the appointment and took your insurance information and spent 10 minutes verifying that you even have insurance, and then she must do the follow up with chasing your charting, faxing documents and making follow up phone calls..in all? 30-40 minutes total ($13 gone)
We are now down to $37
You see the Dr for your 10 or 15 minutes.. (ignore the 12+ years at $50+G for each to do the job)
Room needs cleaned after you are out.. 5 minutes, new paper, sterilizer etc figure $5
$32 remaining..
Rent on building with say 5 exam rooms and insurable as a medical office.. $10G month and $1500M for insurance/$1000 in utilities or roughly $40 an hour per room.. you just burned another $12...
$20 remaining.. that pays the Dr, the billing staff, and on top of that, we gotta carry the credit for a month waiting to get paid... (provided everyone did their job right, otherwise it could take another hour of work and another 30 days of waiting)
How many Dr's do you think are entering the market right now?
We have patients we see now that cost us $$... The Dr does it anyway... why? they really do like to help people..
We have to do special studies and a lot of extra goodies to make a buck... really spend a week in an office and see what goes on...