I have a provider that wants me to work on his A/R only. How do I track what claims are mine when the payments come in? Do I ask for remote access to their system and work out of their system or just get a copy of the A/R report and work off of that? I remember someone asking this question before but I could not find it on the site. If someone wouldn't mind repeating themselves I would sure appreciate it. I don't know anyone who owns a billing company and is willing to give me advice, Please help, Thank you.
Thank you for the advice. No I have not signed a contract yet that's scheduled for Tuesday of this week. Michele you have a good point about charging a monthly rate versus a percent. Some of the claims may not get paid and if I charge a percent I may be selling myself short. But on the flip side if I charge a monthly fee and start to bring in a ton of money on the A/R I've sold myself short that way. This provider is an Orthopedic Surgeon he has four offices and the A/R is big, the claims are no older than a year (and they would like me to keep the new charges current). I know the cut off time for most insurance companies is a year. If I were to charge a monthly rate of $500.00 in your opinion, would that be too low?
When you suggest a hourly rate is that based on a 8 hour day? Silly question