Full Service Medical Billing

We are a complete billing service provider with extensive experience from conducting initial insurance verification through final payment posting including any denial management or appeals necessary. Our automated system allows us to do electronically and paper bill insurance companies, conduct second bill reviews requests and schedule follow up with insurance companies to ensure your bills get paid on time.

We have the ability to remotely access your current database, working in real-time with your office staff, and we do offer a practice management system for your practice if needed. Since every practice is different, we will develop customized workflows to fit your business needs. Here are some of the services we offer:

  1. Data Entry
  2. Billing
  3. Payments
  4. Appeals
  5. Revenue Cycle Management

ReportsĀ 

Medium Size Practice (4 FTP)
Expense Type Monthly In-House Billing Cost with Billgenix
Employee Salary (3 Full Time) $16 per hour X 40 hours per week X 4 Weeks Per Month 5% on Average of $150,000 Monthly collections
$7,680.00 $7,500.00
Medical Benefits AverageĀ $315 per PPO Plan (50% Employer Contribution) None
$472.50
Sick Days Paid Time off/Delayed Revenues None
Vacation Leave Paid Time off/Delayed Revenues None
Retirement Plan Based on $3 per $100 on Payroll (401K) None
$230.40
Workers Compensation Benefits Based on $0.95 per $100 on Payroll None
$72.96
Payroll Taxes 7.25% Employer Tax Due None
$556.80
Practice Management Software $160 Per Provider None
$640.00
Electronic Bill Submission $0.80 Per Encounter (1825 bills per month) None
$1,460.00
Total $10,472.66 $7,500.00

Outsourcing Saves Atleast 28%
The cost calculated above does not include office space lease, liability insurance, office equipment, phone systems etc.