Future Healthcare

Collecting cash from self-payers

Latest figures show self-pay patients now account for a third of most consultants’ income. And this source of earning for independent practitioners continues to be the fastest-growing sector in the private health market.

Findlay Fyfe shows how to make sure you do receive the money due to you for your work.

ChequeMany consultants think of private practice as the private medical insurers’ market. But in reality it is not that simple.

Our analysis on invoices raised through 2017 shows the private medical insurance market accounted for 55% of the total invoices raised.

The other 45% was a mixture of other organisations such as embassies, solicitors (medico-legal) and other commercial organisations.

The largest share of the non-private medical insurance invoicing was self-pay, currently accounting for over 32% of the total invoices raised.