Podiatry Billing Services

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Reference Week Month Year
 Enter the fields with an * to calculate the cost per claim, billing expense, and possible savings.
Days Worked per Week *
Number Patients with Charges per Day *
 
AR Balance *
Gross Charges per Day *
1 AR Days
 
2 Billing Staff Salary per Hour *
3 Benefits (Insurance, Vacation, 401K) *

Total Billing Staff Salary
4 Billing Overhead Expense per Hour *
 
Total Office Billing Expense
 
Total Cost per Claim
 
Podiatry Billing All Inclusive Claim Fee $ 8.00
5 Podiatry Billing Services - Cost
Net Savings/(Expense)

1 AR Days = Average time to collect AR; 0 to 60 day accounts should be 80 - 85% of total AR; 90+ Day < 10%
2 For more than one FTE, provide the total weekly salary.
3 Select if benefits are provided.
4 Includes computer software support, clearinghouse fees, statements, postage, working AR, answering insurance and patient billing issues, telephone, designated office space (% of gross overhead)
**A Single Doctor Practice is approximately $10 per hour; 2 Doctor Practice $12 per hour**
5 Includes practice management consultation, computer software support, clearinghouse fees, statements, postage, working AR, answering insurance and patient billing issues, filing appeals, toll free telephone.