EMS Billing Office Operations
? Do you currently do your own billing or do you out-source this function?
? How effective is your current billing operation or service?
This is an example of how MHR Billing Services can work to improve your bottom line. If you currently use a billing service or do your billing “in house,” compare your current results with our proven track record of EMS billing. |
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Example of a service that does 500 calls per year |
# |
Charge |
Total |
ALS Calls for one year |
300 |
$650 |
$195000 |
| BLS Calls for one year |
200 |
$500 |
$100000 |
Total Mileage for one year |
4000 |
$8.50 |
$34000 |
| Gross Billing |
|
|
$329000 |
MHR Billing charges a flat rate per call for complete billing services. At a rate of $20.00 per call, the total cost would be $10,000. MHR currently averages over 70% collections of gross billing.
| Example of a Billing Service charging a percentage of collections (example 8.5%) |
If your service recovers 50% of your gross billing (unacceptable) |
$329,000 x 50% = 164,500 x 8.5% your expense $13,982.50 |
If your service recovers 60% of your gross billing (marginal) |
$329,000 x 60% = 197,400 x 8.5% your expense $16,779.00 |
If your service recovers 70% of your gross billing (good) |
$329,000 x 70% = 230,300 x 8.5% your expense $19,575.00 |
Click here for a worksheet to do your own analysis and see how much you can save.
Contact Us for more information.
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