Quote:
Originally Posted by Pete F.
That is profit not including the costs that physicians incur to count beans for insurance companies. When my brother closed his practice he had himself, a nurse practitioner, several rns and 6 people dealing with paperwork. Now the 6 people dealing with paperwork do not improve healthcare outcomes, and they are a cost.
Shuffling paper and counting beans makes insurance companies money 6-7% of all the paper they shuffle, and beans they count.
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I setup and fix those medical / practice management systems and the continual changes and updates that must be applied just for regulatory changes cost thousands per year at the practice level. Would be good to simplify that small cost of a business. There are a lot of hoops the practice runs thru just to formulate the paperwork to the INS co's whims and desire.