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Outsource Billing
Staff and Training
Staff Turnover
Electronic Tools
Quality of Service
Start Up Time
ASC HIPAA Version 5010
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Billing Services
Full Service medical Billing
EMR Integration
Data Entry
Electronic Claim Submission
Claim Follow Up
Payment Posting
Patient Invoicing
Practice Management Tools
Patient Management
Appointment Scheduler
Visit and Coding
Electronic Billing
Real-time Benefits Eligibility
Practice Health Reports
Denial Management
HIPAA compliant
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Cost Savings Cost Savings

Many practices maintain a false misconception that it’s more cost-effective to keep their billing practices in-house. They look at the collection percentage they pay to the billing company without fully analyzing what they’re paying right now.

Here is a quick analysis of the savings your practice can begin enjoying by outsourcing your billing and claims management.

The average practice employs one billing staffer for each physician. This is just one example of what you might expect to pay for a one-person practice with annual collections of $450,000.

Initial Investment
Hardware/Software/Training $75,000
In-House Billing
Annual Salary $30,000
Social Security and Medicare $2,300
Retirement $1,000
Disability $720
Healthcare Benefits $5,000
Vacation/Sick Pay $3,200
Software/Hardware Maintenance $6,000
Clearinghouse Fees $15,000
TOTAL: $63,220
Medical billing at 5% of collections for $450,000 $22,500
SAVINGS: $40,720

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