Billing and Coding

Ancillary Services Boost Bottom Line for Midwife Business

Midwife business isn’t about creating income possibilities from your direct services. Your birth center could have a boutique gift shop present.  Ancillary services for midwives like Massage therapy, chiropractic services, spas, pedicures, dietitian, and so much more could be part of your practice model and building services. Being able to either make revenue from renting out space […]

Ancillary Services Boost Bottom Line for Midwife Business Read More »

HOME BIRTH SERVICES

Midwife Billing Service versus In House Billing

Midwife Billing Service versus In House Billing Midwife Billing Service versus Billing The biggest challenge midwives have is to pick which part of services to keep in-house versus outsource. Do you do breastfeeding support within practice or refer patients to a lactation Consultant down the street? Do you offer doula services or have that part of

Midwife Billing Service versus In House Billing Read More »

What is the Average Midwife Salary?

Figuring out a Fee Schedule for Your Midwife Business

Fee Schedule There are many ways to create a fee schedule. A simple way is to do a cash rate fee schedule based on your overhead expenses, how many women you are seeing each month, and your goal for profit margin. For instance, the average monthly cost of running a business, including rent, utilities, malpractice

Figuring out a Fee Schedule for Your Midwife Business Read More »

Billing Pocies to Improve Midwifery Business Revenue

Billing Policies to Improve Midwife Business Revenue Return

Billing Policies Making sure a midwife is getting paid for her services is vital to a successful business. Whether you are paid cash or insurance payments, having good written policies to improve communication among staff and clients will create strength to your billing processes. Make sure an attorney looks over your financial contracts before implementing

Billing Policies to Improve Midwife Business Revenue Return Read More »

Babies are a Billion Dollar Business

Billion Dollar Business Has anyone seen the movie “Business of Being Born?” Ricky Lake has been a monumental spokesperson for the money-making backdrop systems present in the United States compared to other countries. Our society has created a booming business to be part of. The healthcare system has created assembly-line maternity systems for women to

Babies are a Billion Dollar Business Read More »

Benefits of Athena Health EHR System for Midwifery Business

I want to start this post with stressing I am not getting paid by Athena Health to write this post. I have used many electronic medical record systems over the last fifteen years. I have used Cerner, Centricity, Epic, Maternity Motherhood, Athena Health, Allscripts, eClinicalWorks, GE Healthcare, and MEDITECH. I have found Athena Health to

Benefits of Athena Health EHR System for Midwifery Business Read More »

Is Midwifery Care Eligible for HSA Coverage?

Health Savings Account A Health Savings Account is one of my favorite tools for families, midwives, and businesses. Every year the limit for contribution increases and varies for single and married individuals (as of 2020, $3550 for single and $7100 for family). This money is tax-free in and out for medical expenses for the rest

Is Midwifery Care Eligible for HSA Coverage? Read More »