- Joined
- Aug 8, 2014
- Messages
- 216
- Reaction score
- 50
Hey,
I am starting a practice but after running some numbers it seems like you basically have to run an extremely high volume practice (bordering mill status) to have a profitable practice. I'd like to be a little more boutique and cutting edge. I was wondering how feasible would it be to only be out of network for PPOs and Medicare? I know some other docs in my area doing this and they all seem to be doing very well but i cant figure out if its because they have good reputations an internet presence.
Also why would a patient see a doctor that is out of network and potentially pay a higher deductible.
Final question: I heard from another doctor here that due to the ACA deductibles are negotiable due to economic hardship. So for example, if I see patient JOE SMITH as an out of network provider and his deductible is 4,000 and he is hesitant to pay me $4,000 out of pocket because that's what i charge for an epidural he is able to pay me say...$100.00 and i can accept that then he can call the insurance company and say that he can't pay the $4,000 and he can only afford $100.00 due to economic hardship and the insurance will accept and then when I bill the $4,000, $3,900 will be coming from the insurance company. (FYI This seemed like complete BS and Ive never heard of that and I asked several billers and people i know in the insurance world but this other doc swears he does it all the time and thats the key to get the out of network patients through the door). Any one else hear of this before? Again, seems like complete BS
I am starting a practice but after running some numbers it seems like you basically have to run an extremely high volume practice (bordering mill status) to have a profitable practice. I'd like to be a little more boutique and cutting edge. I was wondering how feasible would it be to only be out of network for PPOs and Medicare? I know some other docs in my area doing this and they all seem to be doing very well but i cant figure out if its because they have good reputations an internet presence.
Also why would a patient see a doctor that is out of network and potentially pay a higher deductible.
Final question: I heard from another doctor here that due to the ACA deductibles are negotiable due to economic hardship. So for example, if I see patient JOE SMITH as an out of network provider and his deductible is 4,000 and he is hesitant to pay me $4,000 out of pocket because that's what i charge for an epidural he is able to pay me say...$100.00 and i can accept that then he can call the insurance company and say that he can't pay the $4,000 and he can only afford $100.00 due to economic hardship and the insurance will accept and then when I bill the $4,000, $3,900 will be coming from the insurance company. (FYI This seemed like complete BS and Ive never heard of that and I asked several billers and people i know in the insurance world but this other doc swears he does it all the time and thats the key to get the out of network patients through the door). Any one else hear of this before? Again, seems like complete BS