Typically, full service medical billing companies charge a percentage of the net amount of claims collected for their client. Based on our research, most companies charge from 6 percent to 8 percent of collectible amounts.
FEEL YOU’RE BEING OVERCHARGED?
Premier Physician Billing also charges for services based on a percentage amount, but here’s what makes us different. Our rates are, on average, 20%-30% less than other billing companies and will not exceed 5% of the amount we collect for you.
Since all practices differ in complexity of services and volumes, our fee will vary slightly from client to client. The maximum percentage amount is capped at 5%. Some of the main variables in our fee structure include: specialty, monthly claim volume, and practice reporting requirements. We bill you only based on what we collect. Our fee includes postage, electronic claims submission, statements and envelopes, claim forms, all management reports, monthly practice analysis, personalized handling of all patient inquires in relation to their bills and follow-up on denied claims.
Our company does not initially require new clients to sign a yearly contract until after a two month trial period. It’s our way of offering a no-risk option. Also, during the trial period clients will receive 50% OFF their fee.
We believe this is a win-win situation for both you and Premier Physician Billing, LLC. This is a great opportunity to give us a try if you are dissatisified with the results of your current billing company or if you are looking to outsource your receivables.
WE VALUE CLIENT REFERRALS
In most service businesses, referrals are an integral part in helping a business to grow and succeed. Unlike some larger firms, it is more important for us to not sacrifice client service for growth. We will grow only within the bounds of maintaining the best service for our existing clients. We value referrals and the PPB staff would like to extend our sincere appreciation as we work together.