Telehealth on the rise, page-1949

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

First 1949 Last

Share
Profile

Follow
AlCp

27,120 Posts.

1755

31/03/20

09:57

Post #: 43789798
Share

Originally posted by rallyman ↑

not sure you understood that article at all. it is also 4 years old and clearly written for a push to change rebates that was happening at that time and not relevant for today.

the point the ama is making on this however.
radiology rebates have been essentially frozen for the last 17 years in fact we earn less now from the government than we did back then with costs and wages significantly higher. it gets a point that bulk billing is not sustainable. infact ultrasound is the worst where bulk billing is essentially working for free these days unless you are doing massive numbers and compromising patient care.
if we as a business cannot make money from an exam than a gap needs to be paid. this article is suggesting that if the medicare amount was to reduce than radiologists would increase gaps to cover. if you are going to charge a gap you lose even more money from medicare (approx 15%) and to cover this the gap needs to be significant ie $50-$100 per item.

this has nothing to do with how much money governments can save from radiology or ressapp for that matter.

those figures above ARE NOT what the radiology medicare fee but a hypothetical out of pocket cost if the government didn't change things 4 years ago

Expand

I was looking at the upfront cost for XCR which you said you charge around $40 which is inline with the $54-101 mentioned in the article and using that as an example of what RAP has been mentioning as the cost saving of using ResAppDx and that's not taking into account the cost of the doctor's time.

Last edited by AlCp: 31/03/20

RAP Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Banking on ANZ in this week's Hot Stock tips

USL

'Joaquin Silver District' acquisition to become a key asset for Unico

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

INA

Ingenia shares jump 7% on strong revenue and earnings figures

UNT

UNITH hard launching AI 'digital human' platform too 600+ companies as AI thematic survives sell-off