BILLING EXPENSE & SAVINGS



 		Calculate the Cost per Claim, Billing Expense, and Savings. Week Month Year

 

      
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.


COPYRIGHT 2011
Podiatry Billing Services 
Design by adlerdesigns