For example, if I see 1,000 Medicare patients and my nurse practitioner sees another 500 Medicare patients, we each bill per patients assigned to their healthcare provider.
Now, Medicare has made the decision that this fee is subject to a co-pay.
A standard Medicare co-pay is 20 percent. So if a fee is $42, 20% of that would be co-pay. So the patient would be paying about $9. What if the patient has a Medicare supplement policy? It should be picked up the co-pay, depending on the co-pay.
The total per patient per year equals $500.
With 1,000 Medicare patients, our total comes to $500,000.
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