Author Topic: Follow-up - ASAP  (Read 1095 times)

RCC

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Follow-up - ASAP
« on: March 04, 2014, 10:41:03 AM »
I have a potential client that is physical therapy facility and they want someone to do follow-up on insurance claims, how do I figure out a fee. A/R $400,000 - claims are from 2011-2013.

Thanks to you all for your input.

 

Michele

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Re: Follow-up - ASAP
« Reply #1 on: March 05, 2014, 09:46:46 AM »
I would do something based on time, definitely not percentage.  You have no idea how much of that you will be able to get paid.  I would try to get more info from them so that you can determine a flat fee.  See if they will let you view the aging report (HIPAA agreement signed and on file).  How old are the majority of the claims, what insurance carriers have the most outstanding, do they have timely filing proof, etc.  Then try to calculate the hours it will take you.
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