Quick Overview by Dr. Alejandro Badia Regarding Doctors and Money
In this chapter of the book “Healthcare From The Trenches”, Alejandro Badia, M.D. discusses:
- Medicine is a business and while it’s obvious to say, the people who work in healthcare need to get paid
- However, bill charges in relation to what physicians get paid is not what most patients think they are
- Misconceptions about physicians’ compensation and health insurance companies
- Explanation of benefits (EOBs)* and bureaucracy involved in billing
- Working endless hours caring for patients with the threat of lawsuits hanging over our heads
- Those of us in private practice must maintain high overhead in the form of administrative staff just get some reimbursement for the important and lifesaving work we do
* An EOB is a statement from your health insurance plan describing what costs it will cover for medical care or products you’ve received
Order book: https://www.drbadia.com/amazon
Book website: https://healthcarefromthetrenches.com
“It’s not the employer who pays the wages. Employers only handle the money. It’s the customer who pays the wages.” – Henry Ford
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