Billing > Billing

What to charge?

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PMRNC:
Your friend is wrong. Florida is very clear on what constitutes a fee-splitting arrangement. You get a percentage of what they collect ..there's no Grey area.. your "splitting the fees". Also your friend would be interested to know that it would be the provider who is acting ILLEGALLY not the billing company, they just wouldn't have a valid contract to stand up in court, the provider can be sanctioned.   

It really is NOT difficult to find out what to charge a client. When you figured out a percentage you wouldn't (or I hope not) pick a number from the sky. You are accumulating the same data needed to formulate your charges, minus expense, time, and what you want or should be making (level of experience should determine this).  So many billing companies seem to have a problem converting their minds over to a non-% way of charging and I think it's just a mental block because it's actually easier to formulate and even better, easier to execute and/or terminate. If you are billing a % of receivables and you terminate the contract (or the client does) your left with a few months of clean up, a chance the provider won't pay you, and if you are in a state where it's illegal for the provider to enter into a fee-splitting contract you don't have a contract .. it's null/void so you could be left being owed a lot of money. Charging a flat fee, monthly, hourly, etc is all EASIER and the best part.. YOU get paid what your worth because your initial pricing is based on what you want/expect to make.

MBP:
I am curious to see the responses, i bill for gen surgeon in michigan, i am actually an employee in her office paid hourly and i feel quite underpaid :-\ she was without a biller for 4 months and gosh, i am still sorting through things. it was so difficult to get organized. i had no reports or anything from previous biller just most of the eobs, as the surgeon and the ex biller didnt end on good terms. i dont even know what pm was the ex biller using, had to start from scratch. can't compare with other types of providers, but for me this was "a bit" frustrating at the beginning when i was trying to get into it and actually understand it. took quite a few rejections first... learning on own mistakes  ;)

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