3 ms·
If that physician did just 3 of those procedures per day, every day, 5 days a week for a year: $7,043 x 3 x 5 x 52 = $5,493,540
by lurchpop 13y ago
If that physician did just 3 of those procedures per day, every day, 5 days a week for a year:
$7,043 x 3 x 5 x 52 = $5,493,540
- salgernon 13y agoExcept that OP said he worked twice a week, so even if he did 3 a day (probably more like 2) and assume two weeks cavaction a year, then 7043250 = 704300. Figure malpractice insurance at $50, and he's netting $650k. Figure 10% for billing and business expenses, accountant, etc, and he's netting $600k/year. Is that still unreasonable for a highly specialized surgeon?
- bhousel 13y ago$7,043 x 2 x 2 x 50 = $1,408,600 But anyway I don't think any of the numbers are unreasonable. These are ballpark estimates, and I'm pretty sure my tympanoplasty was a relatively boring procedure for him, compared to stuff like cochlear implants and other basal skull surgery that he does sometimes. My main point was that I don't think it's unexpected at all for some surgeons to bill several millions to Medicare in a year. They can easily clear several millions already with a very light schedule and, depending on the specialty, some or most of that may be from Medicare patients. Honestly I think there is no story here.