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Re: Walt5 post# 3025

Friday, 07/13/2012 11:09:50 AM

Friday, July 13, 2012 11:09:50 AM

Post# of 12606
The billable charge to the insurance company is $44,000...they are getting somewhere in the 15-22k range is my understanding. I think cash people get a discount so probably in the range of 15-20 patients?

Which would be about right since they said they saw about 1-3 per week in a report back in the early part of the year

And they are only recording 50% of what they charge to insurance companies to account for write-offs...and they may or may not still be doing some pro bono work. Accounts receivable growth + cash balance differential is what you should be looking at for "total revenue" though...

I'm sure that will better fit the total patients they were claiming to see (let's assume 2 per week for the quarter so 24 patients)
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