tci Part B Insider - 2003 Issue 27

REIMBURSEMENT TIPS: Why Do Big-Ticket Procedures Lose Money?

Profitable on paper, but not in reality: know the signs of a money-loser If only counting up profits were as simple as subtracting expenses from your reimbursement. In the real world, though, a procedure that looks as if it ought to make money for your practice could be a money-loser. For example, if it always takes forever to get paid for a particular procedure, the long wait and exhausting paper chase can tip the scale from profit to loss. This is especially likely to be a problem with experimental or very new procedures, says consultant Phyllis Yingling with Apple...

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