Wednesday, July 8, 2009

A Doctor by Choice, a Businessman by Necessity

Having personally been a billing & IT manager at a multi specialty practice I saw the money problems first hand. One of the biggest was the large/long time delay from billing till payment was received, our states Medicaid averaged over 60>180 days, Medicare was not much better and our ICD-9 coding was excellent. The other side was fighting doctor to place aged accounts in collection- in a timely manner. All that said the costs of a practice are huge and add the paperwork. Doctors fighting modernization is a big big hurt to cost reduction, to many are stuck in there ways. Just went to a fully computerized practice and no surprise it was a very young outstanding doctor who DID give great patient care.


BE SURE TO OPEN THE AFOREMENTIONED LINK-------PLEASE

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