Understanding and Creating Midwifery Fee Schedules
One of the biggest questions that I get asked is “How do I set my fee schedule?” The simplest way to set a fee schedule is to use a percentage of what Medicare allows. For example, a family practice clinic may charge 150% to 200% of what Medicare allows, while a specialist may charge 300% of what Medicare allows. However, the simplest way isn’t always what is best for your practice. You don’t want to set your fees so high that you price yourself right out of the market. Conversely, you don’t want to set your fees so low that you are struggling to make ends meet. The following webinar will help guide you through the basics of setting a compliant fee schedule for your practice/birth center.