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

Fees

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gderilus:
Can someone tells me if I can charge 7% or a flat fee if I have a client that sees about 20 patients a month and they're all returning patients. Would it be better If I charge a percentage or per claims like a flat fee.

Steve Verno CMBS, CEMCS:
We dont know if your state has a no percentage billing (split fee) law. It might be better to go with a flat fee but go with you gut feeling. Sometimes hard decisions need to be made by ourselves.

Michele:
If your state is one with a fee splitting law, that will make the decision for you!

But otherwise, like Coding4aliving said, you must weigh both sides and decide what is best for you.  There is no right or wrong.

Michele

cardinal:
Hi

As I just started my own billing business 6 months ago I am still learning.  I have 2 clients a chiro and a podiatrist.  I am not aware of fee splitting laws.  How do I find out if my state has one?  Is there a website I can reference?  I am in California.

Thanks a bunch
Nancy

Pay_My_Claims:
Hey Nancy, congrats on your new service and clients. I don't think there is a website, but Linda Walker PMRNC is the fee splitting expert  ;D

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