Billing Calculator - Your Cost per Claim, Billing Expense and Savings

 

Input Your Data to Calculate

 Week Month Year

 

      
Days Worked per Week *
Number Patient 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 * $ 
         
(5) Your Billing Expense
         
Your Total Cost per Claim
         
All Inclusive Processing Cost $ 8.00
Podiatry Billing Services Fee

Your 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 per hour 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.

© 1998- 2016 Podiatry Billing Services 
Design by adlerdesigns