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Call (866) 608 2664 X 100 to learn about your needs, An account manager will be happy to assist you. |
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Key Benefits
e-Notes Medical Billing Services will provide the following services
Additional reports:
The reasons behind as to why to use our services Our past experience has shown that when current in-house billing costs are fully burdened, to include the costs of recruiting, employing, training, coordination and management, real cost per dollar of collection at least doubles. Our comparison begins with a typical practice with one provider. Let’s assume your practice has a dedicated, in-house biller receiving an annual salary of $30,000, or about $14.50 per hour. The chart below outlines the additional costs of having a full time employee in the office to handle all aspects of medical billing.
Next, you will need to consider materials and fees. An average practice will probably pay for support for the software they are using at a cost of about $2,000 per year. Spread out over those three years, then your average annual software/hardware expenditure is of $2000. Since your practice send out your own patient statements, you will need about $150 per month for postage, paper and envelopes, an annual cost of $1800. Clearinghouse fees for electronic claims will come to about $60 a month, or around $720 annually. For the sake of simplicity, you will forget for the moment that your biller will need a climate controlled workspace, lights, general office supplies and a desk, plus all the calls she/he makes to the computer technician to fix the problems of your network. Plus, you have not included the typical mistakes of uncollected billing, due to experience dealing with Insurance companies. Also the key benefits listed at the beginning of this page. Here’s what your list of software/hardware, materials and fees looks like, without including additional costs
Adding the two totals above (labor + materials & fees), the annual cost for your medical billing performed in-house comes to $47,105 per year. Now compare how much your savings will be, compared to what e-Notes billing services will charge you to manage your patient receivables, plus all the benefits mentioned above |
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