Author Topic: Fee Structure for Chiro with low claim volume  (Read 799 times)

dfranklin

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Fee Structure for Chiro with low claim volume
« on: November 17, 2010, 02:19:56 AM »
So I was approached to do billing for a chiro who wants us to only submit their insurance claims which is around 60 claims per month. Insurance claims obviously is not their primary source of revenue.   My dliemma is pricing because of the low volume.  I was thinking either of a flat fee like $500 / mo with maybe a cap of 100 claims with maybe a quarterly review to make adjustments (I would have to figure out how to write that in the conctract).  OR

I coud charge per claim like $6 per claim and write in a monthly minimum of maybe $250 to make sure cover costs etc.

It wont be a lot of work as they don't have PI or workers comp...only regular insruances as they focus on Self Pay services. 

Any thoughts on the best method for pricing?  Anyone have an ideas on how to write in the flat rate fee into the contract?

Thanks!

Michele

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Re: Fee Structure for Chiro with low claim volume
« Reply #1 on: November 18, 2010, 11:04:00 AM »
Both of the ideas you have below sound like they would be good to cover your costs.  It will be a small account, but sounds like it won't be a lot of work either.  The best part for us would be no workers' comps.  You definitely should get a minimum if doing the per claim or a cap if you go with the flat fee.  Reviewing quarterly is also a good idea.

Michele
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