BC Advantage - 2013 Issue 12
Medical Billing Service - Percentage Billing - Dying Like the Dinosaurs
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Article Overview
This article discusses medical billing service compensation models, with emphasis on percentage-based billing and why some providers and billing companies view it as problematic. It explains the business context, compares alternative billing-fee structures, and describes how broader changes in copays and patient responsibility can affect billing-service revenue. The piece is aimed at medical billing professionals, practice managers, and providers evaluating billing arrangements.
Why This Topic Matters
Billing-service pricing affects compliance, profitability, and contract negotiations. Understanding the broad issues around percentage billing helps practices and billing companies assess legal and business risks when choosing a compensation model.
What You Will Learn
- How billing-service compensation models are commonly structured
- Why percentage-based billing raises compliance and business concerns
- How rising patient responsibility can affect billing-service revenue
- Why some practices and billing services consider alternative fee arrangements
Who Should Read This
- Medical billers
- Billing service owners
- Practice managers
- Physicians and other providers
- Healthcare business administrators
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