Guest guest Posted June 4, 2007 Report Share Posted June 4, 2007 I have been open for 2 years I have been dead -inthe office-for 2 weeks. where is everyone??AUgh. However let's assume things will get better # patietns registered 634 many were skilled nursing home and went home etc active patietns unknown guess 550? # who have done HYH about 73 13% average patietns per day 8 (not this month!) office capability 12-13 30 min visits a day work 4 days a week insurances taken: medicaid closed now runs about 15% of visit number medicare huge blue cross all products no staff 125 lovely sq feet one room overlooking woods & stream Expenses/month Rent now 460.00 until 4/07 was 327.00 Phone 130.00 cellphone trac fone approx 25.00 ad phonebook 19.00 . Memberships medical assoc and AAFP both around 500, Or 1,000/yr .per month----_> 83.00 Malpractice 8400/yr paid 9 mo of yr (strange but true) 700.00 Medicalsupplies <100.00/mo Office supplies -minimal <100.00/mo Use of dumpster 6.00 Computer support for welford chart notes emr 550/yr = 45.80/mo Computer support quite rare 100.00 inlast 12 months 8.33/mo Clia 150.oo q 2 yrs 6.25 Business insurance 325.00/yr 27.08 Dea 500 q 3 yrs 13.88 Billing 8% about 700/mo 700 I pay health insurance /disability at home not from business I really do not pay for cme I get it free Total so far=2414/mo x 12= 28,968 Income first 5 months of 2007 =33,750 or 6750/month = 81,000 per yr HERE IS A pleasant note- I get malpractice from the physican owned Medical mutual of maine They have a surplus and I am getting $639.00 back this year. If I take home 70,000 then overhead is 41% If I take home 80,000 overhead is 36% if I took home 138,00 like that SW imp ,overhead would be a delightful 21% shooting for 30%overhead : need $95,000 95,000 take home 192 days a yr =$645 a day take home . doable here but tough If I take home 81,000 this year in a practice that is not yet full practice age 2007 would be from 18 mo to 30 mo I can expectmore next yr. Slow building this practice! send chocolate! but I am 1 solvent 2 happy 3 ok I earn a bit more precepting at the residency maybe 6,000 a yr. My school loans are paid Husbands'are not--second mortgage no kids. Cat died. Car got 256,000 miles this am. jean Quote Link to comment Share on other sites More sharing options...
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