It is a *reasonably* big deal
In our case as a large group practice going from 4 weeks to 10 days it
was equivalent to $200K cash in the bank. But vas you say it is only once...
R
Oliver wrote:
The "get paid sooner" happens only once. Doctors don't seem to be very
good at understanding this or at understanding that the "get paid
sooner" promise is not a big deal. For example, if the EFTPOS based
system pays doctors in 1 day compared to say 7 days, doctors receive 6
days' worth of claims sooner, but only once. It is not an ongoing
increase.
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