How to charge professional fees

How to charge professional fees

Fees for professional services rendered:

Consultations in the clinic

Consultations for patients confined in a hospital

Hospital visits and rounds

Procedures done in the clinics

Procedures done in the hospital

General guidelines in charging professional fees:

Determine proper professional fees to charge based on benchmarking in your community with downward adjustment in patients with limited financial capability.

Do not charge exorbitant fees by community standards, even in those patients with capability to pay.

Do not deny your professional services just because the patient cannot pay you.  Be charitable.

Do not lower the usual quality of your professional services just because the patient cannot afford your usual fee.

If you are not sure how much to charge, err on undercharging rather than on overcharging.

Remember the amount of professional fee you charge is always a potential cause of patient dissatisfaction.

Remember too the amount of professional fee you charge is always a potential catalyst for a successful and sustainable private medical practice.