Serious savings
An Example Cost Analysis
Inhouse Medical Billing
$2,500,000 charges per year
$2,125,000 in collections (85% on average)
–$135,000 3x biller employee salary
–$33,750 3x employee benefits
–$6,000 3x employee overhead & office space
$1,950,250 in net collections
Outsourced Medical Billing
$2,500,000 charges per year
$2,450,000 collections (98% on average)
–5.5% of collected revenue
$2,315,250 in net collections
$30,416 extra revenue per month