Does TMS generate large profit?
Started by annoyedpsychiatrist
My academic center pays us 50% of collections. We just do mapping and the techs do the rest unless re-mapping is needed for some reason.
So is that 50-70% of all revenue? Or only the percentage of revenue from mappings? If I am liable for the subsequent treatments, I presume there should be payment for those as well?
A specific % of revenue for all services makes the most sense to me.
You can run the numbers if you have what commercial insurance is paying for the TMS codes, but I think I would try for 40+% of all revenue. It’s our license on the line.
Total revenue for the course of treatment. So my understanding is the whole course generally costs $8-12k depending on the insurance or if they're paying oop and the docs get half of what's collected. Been told our OP docs can typically expect $3-6k per patient for their whole course. Psychiatrist does the mapping, techs do the rest unless re-mapping is needed (no efficacy after a few weeks or side effects/intolerability).
