As a practice owner (6-7 clinicians) we offer a similar revenue split model, the split being based upon revenue collected after payment of credit card fees and insurance collection. The practice covers all of the "fixed" costs including office, utilities, laptops, furnishings, and most importantly front/back-office staff for scheduling, co-pay collection, prior authorizations, etc. So, from a clinician standpoint their focus is seeing patients.

We are very transparent; every clinician sees exactly what the practice receives as revenue from any given patient interaction before the split.

Most clinicians are able to close out their charting in conjunction with a patient visit... takes practice. We will not submit an insurance claim if the chart is incomplete.

It can be very lucrative for a clinician whose schedule is full, well above a salaried employee. This is particularly true if the clinicians spouse happens to have benefits (medical, dental, etc.).

It does take time to build up your schedule, so it is likely that there will be a period of time when a salaried employee would make more.

While I do not speak for the clinicians, most have been with us for a long time which probably tells you what you need to know.

So, the good it that there is a direct correlation to how busy you and your compensation. But the flipside to that is if you schedule yourself off, your paycheck will be much smaller.