Guest guest Posted February 3, 2004 Report Share Posted February 3, 2004 What would make " expensive " to do? I think it is probably contrary to the language in most insurance contracts and, depending on the demand in your area for a new physician, it may be a good or bad business policy. But I cannot understand how it would be too expensive to do. Just generate the bill and send out a statement. Greg Hinson additional fee > Group, > In trying produce of plausible solution to what > we have discussed in this group, I hired an attorney. > She researched the idea of charging an annual fee of > 200 per patient per year and still bill third party > payers. It can be done but it is very expensive and > tedious process. Another words I probably will not do > this. > I am going to revisit the things that we have > discussed on this listserve and try to find a doable > arrangement. I appreciate everyones input into this > listserve. I feel like I know more about what is going > on than my colleagues. > > Thanks, > > Beck, M.D. > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 4, 2004 Report Share Posted February 4, 2004 I predict that the first thing you will learn as you go is to stop asking questions of attorneys. If it is a question of whether it is legal (or counter to your contracts with insurance companies) to charge an annual practice fee and still take insurance, I doubt the insurers would care anyway whether you have a separate company set up. In my opinion, if they don't need you, the annual fee would make them drop you no matter how many business entities you set up. Greg Hinson Re: additional fee > Attorney's fees would start at around 15-25K. > You need two seperate business entities in which one > would have an elaborate financial relationship with > the other. Again, leaving out third party payers > would be the simplest method. > I think doing Gordon's model initial is the best > way. Keep my fingers on overhead. I feel like i will > figure it out as I go. > I am going back to my original business plan. I > may get audited for having too many level 4 visits. > That is where keeping my nose clean comes in. > > Beck, M.D. > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 4, 2004 Report Share Posted February 4, 2004 Tim, If I recall your original model was compolicated as you had a multiple employee scenario. can you re-iterate your model(s). miguel I predict that the first thing you will learn as you go is to stop asking questions of attorneys. If it is a question of whether it is legal (or counter to your contracts with insurance companies) to charge an annual practice fee and still take insurance, I doubt the insurers would care anyway whether you have a separate company set up. In my opinion, if they don't need you, the annual fee would make them drop you no matter how many business entities you set up. Greg Hinson Re: additional fee > Attorney's fees would start at around 15-25K. > You need two seperate business entities in which one > would have an elaborate financial relationship with > the other. Again, leaving out third party payers > would be the simplest method. > I think doing Gordon's model initial is the best > way. Keep my fingers on overhead. I feel like i will > figure it out as I go. > I am going back to my original business plan. I > may get audited for having too many level 4 visits. > That is where keeping my nose clean comes in. > > Beck, M.D. > > Quote Link to comment Share on other sites More sharing options...
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