MedCo Charging Policy April 2023

Published: 27 January 2023

On the 24th January 2023, I wrote to you to let you know of changes to the charging policy with effect from 6 April 2023.

The MedCo Board of Directors has decided that the charging policy effective from 6th April 2023 will be as follows: (a full copy of the Charging Policy from April 2023 can be viewed here)

 

Existing and New MRO Registration

Tier 1                   New                    £150,000

                           Renewal             £82,500

Tier 2                   New                    £20,000

                           Renewal             £11,000

There will be no facility for payment by instalments.

 

Direct Medical Experts

In addition to the annual registration fee there will continue to be charges for case data uploaded to the system. The annual fee will include an allowance of 300 uploads. The annual fee will be payable in advance and case data charges in excess of 300 uploads will be raised in arrears on 1 October 2023 and 1 April 2024.

Annual Fee                                                 

£500

Case data upload fee

Up to 300 case data uploads                            Nil

Over 300 case data uploads                             £20 per case data upload

 

Indirect Medical Experts

Annual Fee                                                 

£200

Note: Medical experts that work as both a DME and take work from MROs as an IME will only be required to pay the DME fee.

 

Authorised Users

Annual Fee

nil

 

Audit Fees

There will be no audit fees for existing operational MRO cycle audits.

New MRO Audit application - £4,000

MRO Reclassification Audit T2 to T1 - £6,000

MRO Re-Audit following an audit failure and suspension - £2,500

Change of Control/Acquisition - up to a maximum of £10,000

 

Regards

Martin Heskins

Executive Chair