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Assumption |
Daily Patient |
25 Patients |
Average Collection |
$70/Per Claim |
Annual Collection Amount |
25/Per day * 20 days/Per month * 12month
Per Year 6000 Visits
* $70 = $420,000 |
Billing Percentage Rate |
6% |
Employee |
Annual Salary |
$35,000.00 |
$420,000 X 6% = $25, 200
No Fixed Cost Per Month
Pay as you go
Training and re-training
No Recruitment
costs
Professional Handling
No Discontinuation of payment for Vacation
No Purchase and Maintain Computer &
Software
Freedom From Staff Management Problems
Timely Maximum Payment
Improved Customer Services / Satisfaction |
Payroll Taxes |
$3,300.00 |
Health Benefit |
$4,200.00 |
Paid Vacation |
$3,500.00 |
Worker's Compensation |
$850.00 |
Total Employee
Expenses |
$46,850.00 |
Software |
Software Cost |
$1,500.00 |
Clearing House |
$1,000.00 |
Postage |
$1,200.00 |
CMS 1500 Form |
$1,000.00 |
Reference Book |
$1,000.00 |
Total Other Expenses |
$5,700.00 |
Total Your Cost |
$52,550.00 |
$25,200.00 |
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BEFORE OUR SERVICE |
AFTER USING OUR SERVICES |
What you do take care of |
What you do take care of |
Clearinghouse fees |
Send Patient Demography,superbill and EOB's |
Computer hardware purchase &
maintenance |
Track your account status through the web at any time and any place |
Medical Billing Employee benefits |
We will take care of all of your jobs done by yourself before |
Medical Billing Employee Salary |
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Office Space |
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Postage |
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Recruitment costs |
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Stationary |
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Software purchase & renewal |
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Training and retraining |
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Workers Compensation, taxes Health
Insurance, Vacation and bonuses |
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Your opportunity cost |
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Your time |
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