It appears there is clarity with regards to the initial question at hand.
@Psychresy has driven up psychiatry salaries. lol..
@Psychresy has driven up psychiatry salaries. lol..
It appears there is clarity with regards to the initial question at hand.
@Psychresy has driven up psychiatry salaries. lol..
Meant to post this a while ago, but in our doctors lounge they’ve got data from Dec 2021 on the bulletin board:
View attachment 373546
why are the numbers so different for each one? seems like a wide range
This is way down the years for me(first-year med student), but I'd absolutely love to be doing this!! Companies/organizations that are self-insured are financially incentivized to take care of their employees. Serigraph was able to curb runaway healthcare costs by ditching working directly with primary care physicians and incentivizing its employees to live healthy. I was wondering if psychiatry could work similarly, so it's awesome to see that it's being done.They include locally based insurances and those self funded by hospital systems. The latter really likes outside providers because there is less conflict of interest and we tend to be less saturated than the hospital systems. So overtime, our patient population has become more predominantly healthcare workers.
Interesting!Meant to post this a while ago, but in our doctors lounge they’ve got data from Dec 2021 on the bulletin board:
View attachment 373546
probably a rogue physicianInteresting!
Why would they post something like this in the physicians lounge?
Interesting!
Why would they post something like this in the physicians lounge?
probably a rogue physician
Do your own billing and collections with good automation and software. Hired employees suck. They miss over 30% of it and they don't give a **** because they get paid anyways, so it's not on their salary. That do be the truth tho. I love getting paid for every unit of work I do. That's how most other industries are, so why not us?
What emr has this software integrated?I have an over 99% collection rate both from insurance and patients. What is his collection rate on the patient responsibility? The patient responsibility accounts for anywhere from 20-40% of the income potential. They need to pay their copays. And most patients have high deductible plans, which means insurance pays out $0 and patient must pay the full insurance contracted rate. A 0.6-0.7 FTE psychiatrist in my office, with our high collection rates, can bring home 350k.
Insurance submissions don't even require half a brain if you have an EMR integrated with a clearinghouse. Then you just pay the clearinghouse fees which is way less than the 7% cut. That's way too big. imho 95% is on the low rate for an insurance submission. I get at least 99.5%.
Most that I’ve come across do (Sessions Health, simplepractice [RIP luminello], theranest, therapynotes, Charm; can’t tell if practiceQ does or not from a quick glance through their site).What emr has this software integrated?