A foot for a prosthesis can be upwards of $6,000

Statistic Info

The suppliers of these components will not wait for the insurance reimbursement before they expect payment. Suppliers generally bill on net-30 terms, which is a much shorter time frame than most insurance companies. Therefore, the practice will need to pay for all of the componentry before collecting any money from the insurance company. A clinic may end up financing prostheses for weeks and months before it is able to recoup its costs.

Author: The O&P EDGE