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<p>[QUOTE="Anonymous, post: 4074298"]"Many physicians conduct drug testing at point of care; including Calloway’s customers. At the heart of this issue is Millennium’s position that physicians should be fairly reimbursed for performing drug testing at their point of care vs. the position that Calloway takes – that they should not,” Mr. Appel stated. "</p><p><br /></p><p>The above is a quote from the rebuttal: The point of Care Device costs on average $7 and was billed for on average $300 without factoring staff time and billing time this is a 4200% profit margin with staff time and billing time the total costs is about $20.. this is a 1500% profit margin.. How is this a fair reimbursement for insurance companies that are funded by tax payers, companies and private citizens? </p><p>I need to become a pain management physician if the "fair" reimbursements are like this[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 4074298"]"Many physicians conduct drug testing at point of care; including Calloway’s customers. At the heart of this issue is Millennium’s position that physicians should be fairly reimbursed for performing drug testing at their point of care vs. the position that Calloway takes – that they should not,” Mr. Appel stated. " The above is a quote from the rebuttal: The point of Care Device costs on average $7 and was billed for on average $300 without factoring staff time and billing time this is a 4200% profit margin with staff time and billing time the total costs is about $20.. this is a 1500% profit margin.. How is this a fair reimbursement for insurance companies that are funded by tax payers, companies and private citizens? I need to become a pain management physician if the "fair" reimbursements are like this[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Laboratory/Diagnostic Sales
>
Calloway Laboratories
>
Calloway Labs Indicted
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Laboratory/Diagnostic Sales
>
Calloway Laboratories
>
Calloway Labs Indicted
>