Hundreds of consultants’ practices share common management problems when it comes to billing and collection. In the first of a two-part feature, Simon Brignall highlights some of the most worrying
That’s the way the money goes… Simon Brignall presents the second part of his feature on how private consultants are losing money unnecessarily in the billing and collection process
With the forming of group practices increasingly popular among independent practitioners,Simon Brignall (left) reflects on their billing issues which can lead to administrative chaos if not properly understood and effectively managed
THE CURRENT economic climate has highlighted why it is important that many businesses have diversified revenue streams. This diversification can be accomplished in many ways and often may be as simple as adding a new practice location with a different patient demographic.
Mr Simon Owen-Johnstone, an orthopaedic upper-limb surgeon working exclusively in private practice at London Bridge and The Lister Hospitals, describes how outsourcing helped to recover money he was owed from an unpaid bills problem and helped his business grow.