Author Topic: Typical % Fee for Surgical Billing  (Read 1071 times)

Julie Walker

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Typical % Fee for Surgical Billing
« on: May 06, 2013, 12:36:04 PM »
Hello -  I've been doing medical billing for a few years now, and typically charge 6-9% of collections.  I now have the opportunity to bid on surgical billing and I'm not sure how to price it.  I've heard this is done at a lower % rate, because the payment amount per claim is much higher.  I've also heard there's a lot more work that goes into getting surgical claims paid correctly!  So I'd like to find out what the industry standard is for sugical billing.  Any input is welcome!

PMRNC

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Re: Typical % Fee for Surgical Billing
« Reply #1 on: May 06, 2013, 03:10:57 PM »
I don't think there would be an industry standard % on surgical practices. I'd say you have to do a full analysis of the practice, yes there is MUCH more work involved with a surgical client and I don't do % based charges and especially wouldn't do it for a surgeon. If you want to be reimbursed for your time I would suggest a full analysis of the practice and then a proposal based on flat fee which I would derive from an hourly expected rate.   JMHO
Linda Walker
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Julie Walker

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Re: Typical % Fee for Surgical Billing
« Reply #2 on: May 07, 2013, 09:48:14 AM »
ok, thanks so much for your input.  I may float the idea of a fixed fee model to this client.  He (and most other prospects) have expressed interest in the % model, as they feel we have more skin in the game to get them paid well.  We'll see -   thanks again for your quick feedback!