Thanks for the response! Where I live % billing is actually legal and I do it with one of my clients but I do not want to continue doing this because I think I am getting ripped off in a way. My only problem is then figuring out a set amount. What I was doing is kind of going off of what their average revenue would be and taking that %. So, if their average revenue was $1000/month and I take 5% (5% is way too low in my opinion btw, so for anyone assuming that is rate please don't! lol) then my set fee would be $50. Does this make sense? Perhaps there is a better way of figuring this out. This is the hardest part for me because I am currently talking to someone and they have 3 full time providers, its an optometry place same as another client. I take a % of their revenue from patients whom the claim had to go through insurance. To be honest, it's a lot of work on my end to keep track of everything. Anyway, if I take the % by their total revenue it just seems like A LOT of money since they are 3x as busy as my current client. It's essentially 3x the amount of money.
Wondering if any of you guys have a set fee schedule, like if there are so many claims per week, etc?
Thanks again!