Author Topic: Billing vs. Collections Pricing  (Read 1929 times)

billingandscanning

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Billing vs. Collections Pricing
« on: December 12, 2011, 01:36:52 AM »
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

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Re: Billing vs. Collections Pricing
« Reply #1 on: December 12, 2011, 05:42:26 AM »
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.
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ChristineS

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Re: Billing vs. Collections Pricing
« Reply #2 on: January 09, 2012, 11:04:40 AM »
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

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Re: Billing vs. Collections Pricing
« Reply #3 on: January 23, 2012, 09:48:06 AM »
Thank you both for that information. I will remember that when I start signing clients. Thanks again.

camedbill

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Re: Billing vs. Collections Pricing
« Reply #4 on: February 11, 2012, 12:47:58 PM »
So what do you ladies charge for cleaning up A/R?

PMRNC

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Re: Billing vs. Collections Pricing
« Reply #5 on: February 11, 2012, 01:05:34 PM »
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.
Linda Walker
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Michele

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Re: Billing vs. Collections Pricing
« Reply #6 on: February 14, 2012, 11:09:08 AM »
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.
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billingandscanning

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Re: Billing vs. Collections Pricing
« Reply #7 on: February 14, 2012, 01:28:20 PM »
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.