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Providers often wonder what our services cost. Here's a checklist that will help you evaluate costs.
To take it one step further, call our office and ask for a complimentary review of what it costs you to conduct business and how we can save you money. Or click here to contact us online for a free quote.
| Costs for In-House Billing | vs. |
Medical Billing Service Cost | |
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Salary of Employee | 5-9% (depends on practice type, volume, services required, practice profile, etc.) |
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FICA Taxes | ||
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Unemployment Taxes | ||
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Workers Compensation | ||
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Training & Education | ||
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Re-Training | ||
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Vacation Pay | ||
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Sick & Personal Days | ||
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Holiday Pay | ||
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Software Purchases and Upgrades | ||
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Hardware (Printers, computers, etc.) | ||
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Electronic filing fees | ||
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Long-Distance Phone Calls | ||
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Claim Forms | ||
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Postage | ||
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Supplies (Envelopes paper, toner, ribbons, drums, and statements) | ||
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Coding Resources | ||
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Office Space | ||
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Office Equipment (Desks, Chairs, Adding Machines) | ||
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Staff Limitations (Lack of incentive, etc.) | ||
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Paying for staff when the doctor is away (or volume is low) |