Med Group Billings, Inc.: Medical Billers providing practice management, billing services, and healthcare billing. Call today (972) 644-3232! We tailor fit our services to your needs. Call Today (972) 644-3232. We Tailor Fit Our Services to Your Needs
Like Med Group Billings, Inc. on Facebook Connect with Med Group Billings, Inc. on LinkedIn Follow Med Group Billings, Inc. on Twitter

Sample Cost Benefits of Using Med Group For Your Billing Company

Sample Collection Analysis:
In the sample collection analysis below, the practice is collecting $50K per month and the cost for the practice in house biller to collect this is the above rate of $57,056 per year ($4754 per month).

If the billing company was charging you 7% (rates vary depending on specialty, practice, volume) the monthly fee would be $3,500. In addition, in most cases Med Group can collect at least 2% more than and in house biller this is an additional $12,000 Per Year.

In House Cost Est. Cost Per Year Med Group Billings Cost Per Year
Billing Employee $38,000 Biller with at Least 5+ Years Experience, Billing Manager, CPC, CHBME & CPA Oversight of Reporting Included
Health Insurance $4,800 Health Insurance Included
Vacation (2 Weeks), Sick (5 Days) and Holiday Pay (9 Days) + Billing Delays $3,456 Vacation, Sick Time, Holiday Pay, PTO We have employees cover while others are out—Costs Included
Software/Clearinghouse Monthly Fees and Maintenance $9,600 Software/Clearinghouse
Upfront Cost For Billing Software As Much as You Would Like to Spend Upfront Cost For Billing Software Included**
Some Set Up Fees Apply for Remote Access
Management Reporting If you Beg For Them—You Might Get Someone to Run a Report For You Management Reports Preparation of Monthly Reports and Review Monthly
Postage, Forms, Supplies $1,200 Postage, Forms, Supplies Included
Service With a Smile Extra Service With a Smile Included
Hard Costs Billing In House Before Software Investment $57,056 Per Year We Bill on a % Of What We Collect- Example Below of Practice $42,000 Per Year

Call Med Group Billings and Collections Today at 972-644-3232 or click here to contact us.
Under this Scenario, The Net Additional Cash to This Practice is $27,056 Annually.
Let Us Calculate
Your Practice Cost Savings FOR FREE
Call us Today at 972-644-3232 or click here to contact us.