Cost Comparison Calc

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Cost Comparison Calculator

Find out what your in-house billing model actually costs you!

Revenue

Practice's average monthly net collections	$
Pratice's annual average revenue	$

Payroll expenses

Number of billing employees
*Median base salary of all employees	$

*$31,807 is the national median salary for a billing employee according to www.salary.com

Base Salary Impact

Additional compensation

Social Security	$
401K/403B	$
Disability	$
Healthcare	$
Pension	$
Time Off	$
Total Salary + Benefit Impact	$
Billing employees percentage cost based on total annual revenue	%
See the hidden costs of inhouse billing here!
Postage Office Supplies AR Follow up Generating appeals Establishing patient eligibility Patient collections Tracking and trending payments Managing denial reasons Payor disputes Refund requests Claims cost: paper, toner, printing Claims rework cost (average $25.00 per denied claim) Coding: CCI edits, LCD guidelines PM system upgrades and maintenience *typically 25% annually based on total cost of ownership - Additional Office expences, space, equipment fixture internet and telephone

15% +	Below average	Dramatic improvement is possible

11-12%	Bronze	Significant improvement is possible

9-10%	Silver	Moderate improvement is possible

8% or less	Gold	Optimized practice

Contact us for a free evaluation