On average, medical offices spend about 6% – 8% of their total revenue collected on their billing department. This is true whether the office has outsourced its billing to a company or doing it in-house.
GoSoft typically charges customers about 3% – 3.5% of their total revenue collected. We charge based on man power used and NOT based on a percentage collected. We generally offer medical billing cost savings of about 50% as a result. We are able to come in to your office, study your workflow and then make our recommendations. This will be the best way to calculate exact savings.
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