While some medical billing services offer flat monthly rates, others charge a percentage of revenues collected.

Actual Rates—What Do Medical Billing Companies Charge?

While some medical billing services offer flat monthly rates, others charge a percentage of revenues collected. Such percentages are based on the number of patients per month that the service represents, such as 10 percent of revenues collected for a practice of up to 250 patients. Other medical billing services charge rates based on a specific function that they perform; for example, they might charge 99 cents per claim processed.

Further Improvements
Not only will you pay less for using a medical billing service, you will make more money in the long run. Your revenues will increase by about 10 percent, your reduction in staffing costs will improve by about 45 percent, and your decline in other overhead expenses will improve by about 10 percent. Also, you will most likely improve savings in time for senior management by about 20 percent.

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