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Optimising your billing strategy

Activity 4 – Setting fees and building your fee list

Activity 4 – Setting fees and building your fee list

(1.0 hour RP, 1.0 hour MO)


Welcome to the measuring outcomes activity on setting and building your fee list.  

This activity will help GPs and practice owners to identify their most billed items, determine the appropriate fees to charge and build a fee list. Using your billing report from your practice software and the MBS online tool, you will create and build your fee list.  

This activity is part of the Optimising your billing strategy CPD solution and can be completed as a standalone activity.  

To download all tasks and resources for this activity, click here

Claiming CPD hours   

We estimate that completion of this activity will amount to 1.0 hour RP, 1.0 hour MO, however this may depend on your personal circumstances.

We recommend you use the following title: “Optimising your billing strategy - Activity 4 - Understanding your practice costs and identify current billing arrangements Task 1,2,3”

You can claim hours per task or as a whole. 

Ensure you keep adequate records of your activity as you may be audited by the RACGP or Medical Board of Australia (MBA). The MBA requires evidence of your annual CPD activities to be retained for three years. See evidence guide here.

As this is a self-directed activity, your workbook and audit activities will not be assessed or used against you in any way.

log your activity
 


Service fees make a significant contribution to the viability of your practice, whether as an individual GP or at a practice level. You need to consider what is a fair and equitable fee for the services you provide.  

Take some time to consider where you might introduce or adjust your fees or arrangements. The RACGP’s General Practice Business Toolkit outlines some further points you may wish to consider when determining your fees. 

Question: What are some things that you will now take into consideration when adjusting your fees? 

Download task 1


Your most billed MBS items 

To determine this your most billed MBS items, you may want to run a billing report from your practice software.  

If you have completed Activity 2: Understand your practice costs and identify current billing arrangements, you can consider your patients and services identified in the mini audit.  

Download task 2

 

Once you have identified your most regularly used item numbers, you can use the MBS online tool to search for relevant MBS item numbers and create, download, and print your own custom lists. This video provides guidance on how you can create your own list. 

The MBS tool allows you to enter your own fee for each general practice service. It will automatically calculate the patient out-of-pocket contribution based on the MBS rebate. 
 

 

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