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To: SmithL

"Both he and O'Brien anticipate they may lose money during the first year of their new practice, but say the change will be worth it.

Hmmmm....600 patients times $1000 equals $600,000, plus what they collect from the insurance companies. How high could malpractice insurance and office rent be?


4 posted on 02/01/2007 1:09:34 PM PST by proxy_user
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To: proxy_user

Most of these types of docs do NOT deal with health care....you pay up front.....YOU get any insurance bennies.


6 posted on 02/01/2007 1:16:43 PM PST by goodnesswins (We need to cure Academentia)
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To: proxy_user
Do not forget other overhead items.

Staff (Nurses and sexataries) with insurance/workers comp charges (This includes him too).
Building rent.
business taxes.
Income tax (State and Federal)
Retirement accounts (IRA/Pension).

and all the other cost of running your own business.
7 posted on 02/01/2007 1:18:46 PM PST by fireforeffect (A kind word and a 2x4, gets you more than just a kind word.)
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To: proxy_user

If you're an OB/GYN in the west, malpractice is upwards of $200k per year. You MUST REMEMBER THAT REIMBURSEMENT FROM INSURANCE DOES NOT INCLUDE SUPPLIES. So, everything your doc uses on you to sew you up may cost him $1k and he gets reimbursed only for the vist (say 20-30 dollars for 15 minutes for medicare).


19 posted on 02/01/2007 3:26:41 PM PST by skippermd
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