Author Topic: How To Charge For Aged Claims Recovery?  (Read 1169 times)

jyoung65

  • Jr. Member
  • **
  • Posts: 59
  • Medbilling
How To Charge For Aged Claims Recovery?
« on: March 20, 2011, 08:34:58 PM »
Is there a certain percentage to charged for aged claims recovery, for claims that are 30, 60, 90, 120, and over 120 days?

Michele

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4766
    • Solutions Medical Billing
Re: How To Charge For Aged Claims Recovery?
« Reply #1 on: March 21, 2011, 08:19:02 AM »
The problem with aged claims recovery is that it's harder to collect.  % billing is not the most desirable way to charge and with aged claims recovery it is even worse.  Many claims will be uncollectable and with % that means - No Pay For Your Time.  So, I would recommend that you consider charging a flat fee or hourly rate for that type of work.

Michele
Sign Up for our FREE Medical Billing Newsletter
Get a 10% discount on Medical Billing Products by using Coupon Code: 10OFF
http://www.solutions-medical-billing.com

jyoung65

  • Jr. Member
  • **
  • Posts: 59
  • Medbilling
Re: How To Charge For Aged Claims Recovery?
« Reply #2 on: March 21, 2011, 01:40:57 PM »
Thanks!