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Politics : Formerly About Advanced Micro Devices

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To: 10K a day who wrote (258737)11/7/2005 10:41:23 AM
From: i-node  Read Replies (2) of 1573718
 
>>> You should read up on it sometime....

I'm quite familiar with it. Apparently you aren't.

it's already regulated by a fee schedule....You can charge 500 dollars but insurance will pay you 67 dollars and tell u blah blah blah....

Each insurance company is free to set its own fee schedule. And yes, if a physician charges $500 for a 99211 they're not going to get paid $500. Do you have a problem with this?

>>> It cost the doctors 60 dollars to collect 30 dollars.

Nonsense. I have physician office clients who collect $20 million a year with collections operations costs well below 1%, including infrastructure costs. I have smaller offices, collecting $ million/year and under, where total collection costs are under 5%. The systems we put in these days are remarkably efficient at doing this job.

>>> And it cost the insurance co's 130 dollars to pay 30 dollars.

Nonsense. Name one and provide a link.
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