Specialized Billing & Management Services - Billgenix

Specialized Billing & Management Services

Our services are trusted for being reliable and proficient by our clients. With years of experience in both Workers Compensation and Personal Injury collections, we are by far the most renowned collections company.

Our team of experienced and professionally trained collectors enables us to collect claims promptly. We work each file for its maximum value to drive higher cash flow for our clients. We do In-house collections as well as provide board representation where needed.

With our user-friendly systems, we provide secure data transfer and transparency to our clients on the performance of their accounts. Our clients have the option to receive both generic and customized reports.

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.