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Thread: Consulting questions

  1. #1

    Default Consulting questions

    AAPC: Back to School
    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!

  2. #2
    Join Date
    Apr 2007

    Default consulting questions

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

  3. #3
    Join Date
    Apr 2007
    Atlanta, GA


    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.
    Felicia A. Thomas, CPC
    Atlanta, GA

  4. #4

    Default Auditing fees

    I'm in the exact same situation. I'd be interested in any pricing information you've been provided.

  5. #5

    Default 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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