CAPTURE IS AFFORDABLE

 

What does it really cost to have Capture Billing handle all of your practice’s medical billing?

Capture charges a percentage of what we collect for you. But that is not your actual cost. Your actual cost is only the difference between Capture’s fee minus what it costs you to run your own in-house billing department (which you will no longer need). That difference will be zero to minimal. But wait, there is more! We have not even considered any increase in revenue by having experienced medical billing personnel and certified professional coders that will go after every dollar you deserve handling your billing. You receive practice management advice to help your practice run smoother so you can give care to more patients, plus peace of mind from not having to worry about staffing and operating your own billing office.

 

What are your billing department costs?

Usually you may think only of staff salaries when trying to calculate the cost to run an in-house billing department.  However, there are so many other costs involved that must be considered to obtain a true representation of what it really costs to run your billing department.  Look at the Billing Office Expenses section to see all the expenses to calculate your costs.

 

What makes Capture different?

Peace of mind. Capture worries about staffing and training a billing department.  Capture helps streamline your front desk.  Capture enters all demographic and insurance information so your front desk staff won’t have to and is freed up to answer phones, greet patients, collect co-payments and balances due, and move the patients through to the physicians quicker and more efficiently by getting the chart back sooner.

 

We train your staff to capture the correct information. We have a high standard for attention to detail so that nothing is missed.  We look for opportunities for increased revenue without having to increase the physician workload.  We use certified professional coders to assist the physicians in proper documentation and coding. All claims are followed up until they are paid. Nothing is written off unless it is required by your insurance contracts. We deal directly with all patients in regard to their bills. In short, Capture pursues all your revenue, which can add up to tens of thousands of dollars.

 

BILLING OFFICE EXPENSES

 

  • Management Salaries
  • Staff Salaries
  • Payroll taxes
  • Payroll service fees
  • Accountant fees
  • Lawyer fees
  • Vacation leave
  • Sick leave
  • Holiday pay
  • Overtime
  • Bonuses
  • Health insurance
  • Dental insurance
  • Disability insurance
  • Supplemental insurances
  • New equipment
  • Upgrade equipment
  • Internet
  • Computers
  • Software
  • Chairs
  • Desks
  • Maintenance on software
  • Maintenance on computers
  • Maintenance on network
  • Phones
  • Office supplies
  • Paper clips
  • Tape
  • Staples
  • Paper
  • Calculators
  • Staplers
  • Tape dispensers
  • Pencils
  • Pens
  • Markers
  • Highlighters
  • Letter openers
  • Calendars
  • Sticky pads
  • Notebooks
  • Trash cans
  • Shredders
  • Shredding service
  • Rent on space used for billing
  • Electric
  • Gas
  • Telephone
  • High speed internet
  • Water
  • Maintenance
  • Cleaning services
  • Trash
  • Training Classes
  • Seminars
  • CDs
  • Tapes
  • Classes
  • Phone conferences
  • Books
  • Web courses
  • Certifications
  • Association memberships
  • Mileage
  • Meals
  • Hiring
  • Newspaper ads
  • Loss of productivity when someone leaves
  • Loss of productivity when training new staff
  • Retirement plan
  • Flex spending accounts
  • Unpaid time off
  • Staff coming in late/leaving early
  • Christmas party
  • Other employee benefits