Hi, I'm Holly Torrez of Holly Torrez Consulting and Billing services. I have been doing medical billing for over 35 years and teaching it directly to doctors and their staff for over 25 years. I have been doing private billing services for a select number of doctors, clinics and medical supply companies in for over 25 years and am now providing services to the Greater Phoenix area.
There is a very simple answer to the question of In-House biller or Billing service. Which one cost more in time and/or money. If an in-house biller cost more than a billing service then use a billing service, till your receivables can sustain an in-house biller. Some companies also do a split by having an in-house biller do private pay and corporate contracts that only require a statement and a billing service to do the insurance claims. Use the below check list to decide which is right for you and if considering a billing service which company is right for you and see our answers in blue.
1. In-house with your staff doing some data entry | |
---|---|
Electronic claim submission only (no data entry) | 3% |
Add payment entry | 5% |
Add transaction (charge entry) & code validation | 6% |
Add open current items (aging) worked | 7% |
2. In-house with your staff doing no data entry or Off Site | |
---|---|
Add patient demographic and insurance entry | 8% |
* Detailed reports for all service options included. |
Our billing employees have a minimum of 10 years' medical billing & coding experience. All employees work on your accounts to make sure you get the fastest turnaround time on your claims. Management will oversee aging and productivity reports. Your mangers are Holly J. Torrez - 35 years' experience, and Ann Mamaril 15 years' experience.
Comparing your employee cost based on experience, payroll taxes & charge, worker's comp and average healthcare cost against our employee experience level, you can see our highest percentage for multiple billers is still lower than your cost for 1 biller with minimal experience.
All services, except coding classes, are available on site.
Cost Per Hour | In-House | Dr.'s Helper | Savings |
$13.00 M | $2,847.66 | $1,200.00 + 4% | $1,647.66* |
$13.00 A | $31,971.95 | $14,400.00 + 4% | $17,571.95* |
$15.00 M | $3,255.00 | $1,800.00 + 6% | $1,455.00* |
$15.00 A | $36,860.00 | $21,600.00 + 6% | $15,260.00* |
$22.72 M | $4,900.00 | $2,400.00 + 8% | $2,500.00* |
$22.72 A | $56,600.00 | $28,800.00 + 8% | $27,800.00* |
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