Personal Injury Billing & Collection - Billgenix

Personal Injury Billing & Collection

Personal injury is all about making sure you know what’s going on with your claims. One needs to call applicant attorney’s office every now and then to find out which claims have settled and if they are paying you your right share of the settlement money. Doing all of that can be expensive.

With our simple and structured approach geared towards efficiency, we can get you your money as soon as the case settles. By the way, we’re not the kind of company that will take whatever the attorney offers, we fight to get you the pro rate you deserve.

And, since, we do all of this on a commission structure, we don’t get paid till you do!

Billgenix. All rights reserved

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
Employee Salary (3 Full Time)	$7,680.00	$7,500.00
Medical Benefits	Average $315 per PPO Plan (50% Employer Contribution)	None
Medical Benefits	$472.50	None
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
Retirement Plan	$230.40	None
Workers Compensation Benefits	Based on $0.95 per $100 on Payroll	None
Workers Compensation Benefits	$72.96	None
Payroll Taxes	7.25% Employer Tax Due	None
Payroll Taxes	$556.80	None
Practice Management Software	$160 Per Provider	None
Practice Management Software	$640.00	None
Electronic Bill Submission	$0.80 Per Encounter (1825 bills per month)	None
Electronic Bill Submission	$1,460.00	None

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.