Billing vs. Collections Pricing

[billingandscanning]

I was wondering if anyone can tell me if they charge differently if they are doing the billing from
A-Z vs. just doing collections on old claims. Any help would be appreciated. Thank you.


Brenda

[Michele]

Absolutely.  Collecting on old claims is more work than clean billing.  We always charge differently.  Sometimes we use it as a bargaining tool to get a client to sign for clean billing, but we always charge separate/differently.

[ChristineS]

Always charge more for old billing. As stated above, clean billing is always easier and less time consuming. Not all the claims you work will get paid. That would be a lot of time you spent cleaning out their aging and not getting paid for.

[billingandscanning]

Thank you both for that information. I will remember that when I start signing clients. Thanks again.

[camedbill]

So what do you ladies charge for cleaning up A/R?

[PMRNC]

I do a full analysis before I give a price, very hard to say w/out seeing the accounts your working with. I charge hourly rate so that I get paid for all my work.

[Michele]

It really depends on things like how old is the A/R, what was the situation, were most claims denied and need appealing or just not billed, what payors, etc.  Like Linda we usually do a flat fee or hourly rate to make sure our time is covered.

[billingandscanning]

Thank you Linda and Michele for that information. It is a good thing to know ahead of time, that way I am not selling myself short.