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Are billing agencies expensive? No. An outside billing service may or may not be what's right for your practice. However, they are NOT expensive. There are many benefits to using a billing center which include but are not limited to:
* Space in medical office. The cost of having added space to accommodate the additional staff is not needed. * Physician does not have to pay the high salary and benefits of a biller. * Cost of long distance calls to the insurance company is eliminated. * No worries when billing staff is on vacation. * There is also a one-time expense to the physician of purchasing medical billing software which could range from $2,000 - $25,000 or more, plus annual maintenance fees. Not all services require a client to purchase of software package. That is dependent on the services being requested and the overall goal of the client.
Yes. We are an owner-operated billing agency. We are commission based. When you make money, we make money. An hourly, in-office employee makes their wages no matter how much work is being done on your billing.
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