Recover Lost Revenue and Maximize Reimbursement with Outsourced Medical Billing Services. Invent a Better End to End Process.
End the claim denials, uncollected payments, complex coding, delayed reimbursements, and claims scrubbing cycle. Instead, reinforce your medical practice with affordable, reliable, and impactful specialty-specific medical billing services. Enable an outsourced backoffice billing service solution that will keep your front office, physicians, clinicians, and payors on the same page at each phase of revenue cycle management.
Let us do the Heavy Lifting for Improved Revenue Cycle Management
Reduce Billing Errors and Denials
Eliminate denials and rejections. Get paid faster and accurately
Improve Cashflow
Streamline revenue cycle management for faster payment and reimbursement
Reduce Staff Size and Office Footprint
Minimize costs of staffing and office space with an outsourced team
Enable Paperless Document Storage
Cloud-based storage and access to billing data and documents
Save on Billing Software Cost
We provide the software and integrate with your technology systems
Transparent Process
Get a dashboard view of where we are in the revenue cycle process
How much could your practice save by outsourcing billing? Calculate your savings below.
| In-House [Annual] | Outsourced [Annual] | Do It Yourself and Compare [Annual] | |
|---|---|---|---|
| Billing Staff Salaries1 (Two employees at a salary of $3,800 per month each + 30% in taxes and benefits) | $103,360 | $0 | |
| Billing Software Cost ($150/provider/month) | $3,600 | $0 | |
| Hardware costs (Printer, cartridge, workstation) | $500 | $500 | |
| Continued Education Training Cost | $3,000 | $1,000 | |
| Ancillary Costs (Office Space/Office Supplies, Patient Statements, Others) | $8,000 | $0 | |
| Direct Electronic Eligibility Verification & Claim Processing Cost (Clearinghouse Fees $99/provider) | $2,376 | $105,000 (6% of collections) | |
| Gross Collections | $2,500,000 | $2,500,000 | |
| %age of Gross Collections (including Adjustments, Write-offs, and Bad Debts) | 60% | 68% | |
| Net Collections | $1,500,000 (60% of $2,500,000) | $1,700,000 (68% of $2,500,000) (modest 8% increase in collections with third-party) | |
| Total Collection Costs | $120,836 | $106,500 | |
| Net Collections | $1,379,164 | $1,593,500 | |
| Final Savings | $214,336 |
Savings Calculator for 3 Physician Practice
| In-House [Annual] | Outsourced [Annual] | Do It Yourself and Compare [Annual] | |
|---|---|---|---|
| Billing Staff Salaries (Two employees at a salary of $3,800 per month each + 30% in taxes and benefits) | $103,360 | $0 | |
| Billing Software Cost ($150/provider/month) | $3,600 | $0 | |
| Hardware costs (Printer, cartridge, workstation) | $500 | $500 | |
| Continued Education Training Cost | $3,000 | $1,000 | |
| Ancillary Costs (Office Space/Office Supplies, Patient Statements, Others) | $8,000 | $0 | |
| Direct Electronic Eligibility Verification & Claim Processing Cost (Clearinghouse Fees $99/provider) | $2,376 | $105,000 (6% of collections) | |
| Gross Collections | $2,500,000 | $2,500,000 | |
| %age of Gross Collections (including Adjustments, Write-offs, and Bad Debts) | 60% | 68% | |
| Net Collections | $1,500,000 (60% of $2,500,000) | $1,700,000 (68% of $2,500,000) (modest 8% increase in collections with third-party) | |
| Total Collection Costs | $120,836 | $106,500 | |
| Net Collections | $1,379,164 | $1,593,500 | |
| Final Savings | $214,336 |
Click to learn more about how our experienced billers can help support your practice’s billing process.
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