Costs of billing in house:
Salary and Medical Benefit: Salary includes sick leave, vacations and holidays in addition to medical benefits your billing employees get.
They are getting paid regardless of how productive they are and regardless if you make profit or loss.
Training Costs: (Time, effort, and money) spent in training a new billing employee. Training may delay your practice operation.
Technology Costs: Software billing fees paid monthly or annually only for billing purposes.
Office supplies and equipment: Costs of HCFA forms, other billing forms, stamps and postage, computers, monitors, printers, desks, chairs and other office supplies.
Office space: Private space for billing as per HIPAA regulations.
Costs of outsourcing your billing:
You should not worry about any of the above.
We don’t get paid until you get paid.
No salaries are to be paid for vacation, sick leave or holidays.
No training costs.
No fees for billing software.
No cost for office supplies or office equipment.
No space needed at your office for billing employees.
How much will our service cost you?
No initial setup fee is required. No monthly or annual payment. Cost varies from practice to another, depends on practice size. We get paid only when you get paid.