Starting a Medical Billing Business > Starting Your Own Medical Billing Business

Set up Fees

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LW5689:
Hi,
I am just starting out and would like to know if anybody charges "start-up fees" to their clients and if so how much?  Thank you.  Lori

Alice Scott:
Hi Lori,

We personally do not charge set up fees.  We tell the providers we are in this for the long haul so we average out the work of setting up a new client over the long term.  I admit there are instances where we should have charged a set up fee.

Alice

MMBS1:
Hi Lori

I thought about this too and for myself I charge a set up fee. It takes time to enter in all the patient and insurance information. Especially if it is just you entering the information.  I hope this helps!

Ashley

LW5689:
Thank you so much for your responses.

   Ashley, do you have a set fee that you charge for each client?  What fee range is a fair and reasonable one that wouldn't scare off a potential client?  Thank you so much for your help.

MMBS1:
Lori

Each client is different. It depends on the volume of patients I have to enter and their opening balances and such. I charge anywhere from $200-$500. $200 would be typically for a small practice (individual) who nets about $9,000 a month on average. I would enter the patient information, any opening balances (if there are any from previous billing companies), and charges. Not to mention getting the provider pre-enrolled with any insurance carriers that require this for electronic billing. I hope this helps!

Ashley  :)

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