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[quote=Anonymous][quote=Anonymous]I don't get it. What sort of business model are we talking about? (Sorry, I'm a scientist in a publicly funded institution.)[/quote] It is/was a private healthcare office. As a provider you can work on per diem plus percentage of collections for what you do, or get a (higher) percentage of collections only. So you see a patient, the front desk collects a copay, and bills insurance, which can take 3 or more months especially if the patient has 2 insurances. Current contract is that the old office should pay you your percentage even if the money trickles in 6 weeks or 5 months later. The proposed contract is for a per diem plus percentage, but if you leave or are asked to leave, they keep any money that comes in later. So you have seen the patient, done the procedure, probably are still on the hook for any liability, but won't get paid. The PE keeps the money[/quote]
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