General Category > General Questions
What To Charge Client For Research, Verifying Benefits and Submitting Claims?
PMRNC:
--- Quote ---This is really an important issue folks! More and more patients will have high deductibles so there won't be claim payment from the insurance company, but there will still be the same amount of work!
--- End quote ---
ABSOLUTELY. and if your contract is NOT specific, you will lose big. Contract has to be very specific when dealing with billing/charges. I've seen billers only state in their contract that biller is to receive X% and not specify if it's Insurance only, full collections, etc. BE specific and make it idiot proof. If you don't have a contract, you don't have any assurance of getting paid anything.
JenniferPT:
Where might someone find some good examples of sample contracts?
I do full practice management for one client and have another potential client that wants me to do her billing/claims only when she goes private practice in the near future.
My agreement with client 1 is she pays me a certain amount every two weeks. I do everything for her, part time in her office because she has 5 therapists and wants/needs individual attention and we have no contract. I've worked for her for a few years and it's, truthfully, bad practice on both our parts but we trust each other. We have discussed that we need to write up a contract just for both of our sakes.
Honestly, have no clue where to start as far as contracts. Any suggestions?
Michele:
We stick by the "You should never use a sample contract" rule. I know it sounds harsh but it is just not a good idea. I always use the analogy "Would you use someone else's will? It may work as long as you don't die." It's important that your contract protects YOUR business and it can't if it's not written for your business. Many people struggle with the contract, including us! We have a template, but each contract we do for each provider ends up being different. Our template was created for our business by us. We do offer a book that helps you with your contract. You can read more about it at:
www.medicalbillinglive.com/medical-billing-service-contract.shtml
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