Consulting questions

ccaldewey

Networker
Messages
29
Location
Del City, OK
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I've been asked by a former boss to audit surgical codes for a new practice that she's managing. She would also like me to help set up chargemasters, advise the physicians on compliance/coding points. I've never done this on an independent basis, and I have no idea how much to charge for these services (this would be on my own time--I work full-time now in a salaried supervisory position). Can anyone offer some advice on how to set up fees? I estimate that I will be working 10-15 hours/week to start and less as time goes by (spot audits).
Thank you in advance for your assistance!
Carrie
 

debi

Guest
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consulting questions

I could use some help with the billing fees as well. Same situation without the charge master.
 

feliciathomas

Networker
Messages
59
Location
Atlanta, GA
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You should start by using the Medicare RBRVS as a base and set their fees by a multiplier. It is easier to bill and take adjustments when dealing with carriers.
 

krainey

New
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7
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Auditing fees

Carrie,
I'm in the exact same situation. I'd be interested in any pricing information you've been provided.
Thanks,
Kristen
 
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8
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Cpc, Mcs-p

Hello Ladies! I have looked into this myself. There are a couple of different ways you could charge. You could charge a day rate of what you think your services are worth to them or you could charge hourly. I would come up wth the solution that isn't over inflating but also pays you for your time. You have to remember that your services are specialized and are not what a normal employee of the practice would provide. Service prices can range from $75 hourly and up. Some companies will charge a flat amout of say $1200 per day depending on how long you will have to be there and how extensive the work will be. If I were to go into a practice and do a practice analysis, I would charge depending on the size and amount of work. If it was a small practice I would charge them Between $500 - $700. That is an extensive process that could take up to 3 days to assess. If it were a larger practice I would charge per doctor.

I hope this Helps!
 
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