Скачать или смотреть How much does outsourcing pediatric billing cost? | Altus FAQs

When looking at billing services for your pediatric practice, one of the first questions is often "How much does it cost?" But understanding cost is only part of the equation - you've also got to look at the value you'll get for your investment. Pricing varies, but so do the services and expertise offered. There's a lot to consider.

Understanding the Value Beyond Cost:

💰 Percentage of Collections: The most common model is a percentage of collections, usually ranging from 2.5% to 8%. The rate depends on factors like the team's location and breadth of services. When weighing cost, look past the percentage.
🌎 Expertise and Location: Consider the team's expertise and location - are they US-based? This can mean better insight into local billing practices and regulations, positively impacting your collections.
🛠️ Scope of Services: Do they tackle rejections and denials proactively? Offer claims scrubbing for accuracy? These services are vital for maximizing revenue.
📞 Patient Support: Effective handling of patient inquiries can influence satisfaction and reputation, an important aspect to consider.
📋 Inclusions: Know what's included in the percentage - are you also paying a percentage on the incentives you earn or the patient payments your team collects?
💪 Commitment to Claims: Look at their commitment to fighting for claims. A company with a higher rate that gets 10-20% more collections can substantially increase profits. It's not just about the lowest rate but the highest return on investment.

The bottom line - when asking "How much does it cost?" also ask "What value will I get?" Look at the whole package of services, expertise, and collections boosting. The right billing partner is an investment in long-term financial health.

Check out our blog to learn more about the cost of outsourced pediatric billing: https://altuspediatricbilling.com/und...