cathy@eyebillforyou.com
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I have had a small (very small) medical billing agency since 2000. I have had to keep a FT job throughout and couldn't spend as much time as I should getting new clients. I am revamping my company and wondering what the average seems to be for Med Billing Agency fees for set up and % of AR? I was thinking it seems around 7%. Do you all know if any billing agency use a retainer system for the first 3 months. As you know if we are working off of old crappy AR we are not getting paid much until we turn things around. If the dr's office is collecting our data, the quality and accuracy of that data is key. Also best advice to controlling and making sure we get the full say 7% from the dr's office and they don't hide payments from us either from insurance, third party, or the patients. ?? Thank you!!