In-House Billing Office

(1) EMPLOYEE (Biller)
Annual Salary
Health Benefits
Paid Leave
Workmans Comp
Other Benefits (SS/Medicare/401K)




(2) SOFTWARE/HARDWARE
Clearing House
Postage
Medical Claims Forms
Software Support/Maintenance






YOUR OVERHEAD
EXPENSES



$35,000.00
$4,200.00
$2,041.00
$850.00
$4,000.00

=============
$46,091.00


$800.00
$1,200.00
$1,000.00
$2,500.00

=============
$11,000.00




$51,591.00
 Outsourcing Your Medical Billing
to Medical Billing Professionals

25 Patients a day

= 6000 Patients Visits  / a YEAR

x $ 70 /Average per claim

= $420,000 /a YEAR

Assuming with Negotiated                
                 Percentage Rate               
                                 @ 6.5%





You Pay the Billing Service:     
$27,300.00
    YOUR ANNUAL SAVINGS:  

a whopping   $24,291.00 / year!
     
     
The following estimated  computation is based on
1-2 providers Medical Practice Office

Employees salaries,  
payroll taxes,  all
deductions,   health
insurances,   sick
leave vacation leave,
personal leave  and
other benefits add
up to approximately
$45,000 a year per
employee.  This is a
very high overhead
Your In-House Biller may
multi-task (taking phone
calls, messages,
appointments and even
pulling out charts!.

She will be the first
person to be taken off the
task due to staff shortage
on that day.

Your In-House Biller may
not have the time to do
follow ups. File appeals
on your claims and get
herself updated with
medical billing and
coding in your specialty.

NOW THINK.