Fee Calculator Tool

Private billing in your practice

Optometry Australia has developed a calculator that allows you to determine an appropriate fee to charge a patient for services or procedures that fall outside Medicare.

The tool can be used to calculate fees for procedures such as foreign body removal and services such as digital imaging, and by both single and multiple practitioner businesses.

FEE CALCULATOR information and examples

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Optometry Australia FEE CALCULATOR TOOL

LOAN FOR IMAGING/DIAGNOSTIC EQUIPMENT
Loan Term/Year
No of Patients/week
Fixed Interest

Please Note:

The values in the fee calculator have been left blank to enable members to enter figures that reflect costs in your practice. As a guide only Optometry Australia suggests the following:
* Professional Services Fee of $3.20/minute
* An Auxiliary Staff Fee of $2.00/minute
* An average business cost/patient of $1.50
Costs for consumables have significant variation depending on the consultation, but commonly range between $0.50 and $4.00/ patient.
- $ / minMinutes
- PROFESSIONAL SERVICE
- AUXILIARY STAFF FEE
- CONSUMABLES Consumables may include items that carry significant costings and are used for particular procedures - e.g. needles, syringes, minims, infection control methods. Neglibible items including swaps, diagnostic dyes etc. may also be considered.
- BUSINESS COSTS Business or Operational costs may include rent, accountancy, electricity and general running costs of equipment.
- PROFIT PER PATIENT Desired profit margin can be added here. Assuming the number of patients per week remains consistent throughout the year, the annual profit is shown below

CHARGE PER PATIENT This amount includes Professional and Staff Fees, Consumables Operational Costs and Profit Margin. This charge does not recuperate 30% of interest charges (assuming corporate tax rate) or depreciation on equipment
EXPECTED ANNUAL PROFIT

Optometry Australia

Fee Calculator Tool

Private billing in your practice

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