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Attend Billing And Collections Conference To Check If House Calls Are Feasible
House calls are a good bet if you are looking to keep your patients happy while reducing your expenses. House calls have become more common since reimbursement went up. And the best part is Medicare now pays more for house calls than ever before.
Reimbursement generally dictates what physicians can and cannot do. You need to decide how many house calls your physician can realistically perform in a set time frame, such as one month. Then you need to run all the numbers and see if your practice will lose money by sending the physician, physician assistant or nurse practitioner on the road.
For instance, you can consider whether you can decrease overhead costs by having less office space since your physicians will be seeing fewer patients in the office. But remember that you will not be able to seek reimbursement from your payers for travel costs such as mileage. Also, you'll need to determine what percentage of your services will be house calls, and if that'll be cost-effective.
Reimbursement from Medicare is sufficient, but being able to provide 3,500 house calls a month ...
... certainly helps a lot with economies of scale in being able to provide cost effective.
So what you need to do: If the advantages are more than the disadvantages, you may want to go for house call services.
With an increasingly elderly population, physician practices are looking at every alternative to traditional medicine to help improve patient care and to make money. If you want to get expert advice on whether house calls are feasible for your practice, a billing and collections conference is what you need. And you don't have to go looking out for one because Orlando, Fl is playing host to one this December.
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