Addiction 2022.2
#8901
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#8904
Senior Member
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My daughter starts kindergarten in the fall. My son still hasn't yet wrapped up his school year.
Depends on whether or not I have mimosa plans with the girls. Do you tend to sever fingers at the same time every day? Mow rocks? Pass out on rides?
Depends on whether or not I have mimosa plans with the girls. Do you tend to sever fingers at the same time every day? Mow rocks? Pass out on rides?
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#8905
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#8906
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At $125/20minutes, the most he can make on a gross basis is $375/hr. When you consider the overhead, that’s not very good, in my opinion, for someone with his experience. And, we all know that not every minute of every hour is billable. From what I’ve seen, the average profit margin for a private practice is about 15%. That means that Doug may make $56/hr if that is correct for his practice.
#8907
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Don’t forget about lunch and afternoon coffee with the girls as well.
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#8908
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A benefit of working at independent shops was the ease of firing a customer before they cost you too much money. At the dealer it's pretty difficult to get rid of a customer and usually easier to just deal with them. You have to have a pretty solid case against them to get the factory on your side, like threats of violence, etc. Or if you can prove they tried to commit warranty fraud. Just being a disgusting pig or a PITA isn't enough.
Even people with old neglected cars will cry to the factory "I'm never buying another Chevrolet and I'm telling everyone I know".
The factory determines billing times for warranty work, which was the bulk of what I did. A typical "check engine light" job for me would pay .2 or .3 plus .3 for diagnosis. So I got paid half an hour per car. Get the work order, find the keys and the keys of other cars blocking it in if we were busy. Bring it in, hook up diagnostic tools and decide what part to replace. Go to parts and explain what you want. If they have it, go put it on the car, test drive, clear codes, return old part and have it signed off. Park car and turn in keys. You do that 16 times in a day and you make 8 hours. Roughly. Of course bigger jobs pay more and if the customer is paying it's a one hour minimum.
Even people with old neglected cars will cry to the factory "I'm never buying another Chevrolet and I'm telling everyone I know".
The factory determines billing times for warranty work, which was the bulk of what I did. A typical "check engine light" job for me would pay .2 or .3 plus .3 for diagnosis. So I got paid half an hour per car. Get the work order, find the keys and the keys of other cars blocking it in if we were busy. Bring it in, hook up diagnostic tools and decide what part to replace. Go to parts and explain what you want. If they have it, go put it on the car, test drive, clear codes, return old part and have it signed off. Park car and turn in keys. You do that 16 times in a day and you make 8 hours. Roughly. Of course bigger jobs pay more and if the customer is paying it's a one hour minimum.
#8909
Should Be More Popular
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Most of my cash-pay patients have lost their insurance and are going through tough times. So often I see them for free or a token $25 co-pay and waive the rest. If I know they are doing OK maybe $50.
No wonder I am still driving a 1998 Saturn!!
No wonder I am still driving a 1998 Saturn!!
#8910
Silver Comet Fred
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#8911
Fat n slow
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At $125/20minutes, the most he can make on a gross basis is $375/hr. When you consider the overhead, that’s not very good, in my opinion, for someone with his experience. And, we all know that not every minute of every hour is billable. From what I’ve seen, the average profit margin for a private practice is about 15%. That means that Doug may make $56/hr if that is correct for his practice.
Regardless, family practice physicians get screwed.
#8912
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#8914
Silver Comet Fred
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#FauxRage
Last edited by DougRNS; 06-17-22 at 10:37 AM.
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#8915
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I know that I want my docs to make good money and not be disgruntled.
#8916
Silver Comet Fred
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#8917
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I wish my dentist would help me a little like that. I have an elaborate history with him and have spent a butt-load there over the last 25+ years. Since I retired he doesn't accept my medicare advantage ( my PCP does ) and I have been paying cash for 3 years. My previous insurance paid about half.
#8919
Fat n slow
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I pay $150 a visit for a masters level psychologist for therapy and $300 for my med management appointments with a psychiatric nurse practitioner
#8920
Should Be More Popular
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Ouch. And your health insurance does not pick up at least some of that??
#8922
VFL For Life
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You can demonstrate true remorse by ending you '70s references.
Telemedicine too?
Telemedicine too?
#8923
Should Be More Popular
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#8924
Fat n slow
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They are forcing private pay because if they accept assignment, they can’t balance bill.
#8925
Should Be More Popular
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