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Billing Company Charges
Is there a chart available that will itemize the usual fees a service bureau charges?
Question: Is there a chart available that will itemize the usual fees a service bureau charges?
Answer: Fees are usually based on a percentage of actual collections. This percentage will vary according to the size and specialty of the practice.
The following are fee percentage ranges for various specialties, according to the Healthcare Billing and Management Association (previously the International Billing Association), a trade group of billing professionals:
- Radiology 8.5% to 13%
- Anesthesiology 5.3% to 6.5%
- Pathology 9.5% to 10.5%
- Surgery 3.5% to 7.5%
- Emergency Medicine 10% to 13%
- Primary Care 10% to 15%
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
Reducing burnout with medical scribes
November 29th 2021Physicians Practice® spoke with Fernando Mendoza, MD, FAAP, FACEP, the founder and CEO of Scrivas, LLC, about the rising rates of reported burnout among physicians and how medical scribes might be able to alleviate some pressures from physicians.
