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How healthy are your Service Agreements?

April 2019

Important factors to consider in your agreements:

  • Do you have signed Service Agreements in place?
  • Does your Service Agreement provide for provision of services, premises, plant and equipment?
  • Do you align to the terms of the Service Agreement operationally, (i.e. timing of disbursements to Doctors, service fee %, collection and disbursements of fees to Doctor)?
  • Is a comparable service fee being charged to Doctors?
  • Are patient fees being banked into a clearing account?
  • Are service fees invoiced in a timely manner?
  • Are you charging GST on service fees?
  • Are service fees paid by the Doctor in a timely manner (i.e. on normal trading terms)

 If you have any further questions about Service Agreements then feel free to get in touch.

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Topics: medical accounting, Technology, doctor, automation, medicalpractice, innovation

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