Medical Billing & RCM

Medical Billing & RCM

Leveraging industry-leading financial and clinical information systems, data and business intelligence, and disciplined work processes, we’ll help you maximize practice revenue, enhance cash flow, and improve cost efficiency.

Pricing for Medical Billing and Coding Services

Simple and straightforward pricing structure with no hidden costs - this is what makes our medical billing and coding services cost-effective and popular.

We charge a simple, low percentage fee based on the amount we collect on your behalf. There are no hidden fees or extra charges. We get paid only after you've been paid.

Ranging from 4-8% of collections

(Based on claim volumes and speciality)

$0
for software
for up-front fees

What's Included

  • Full Service Billing & Claims Processing
  • EDI Enrollment
  • Dedicated Account Managers
  • Fee Schedule & Contract Management
  • Unpaid Claim Follow-Up & Resubmission
  • Insurance Remittance & Payment Posting
  • Patient Statements & Payment Management
  • Performance Tracking & Reporting

Billing cost comparison

IN-HOUSE BILLING COST
Employee Salary (1)$4,2000

Social Security, Medicare, & Unemployment4,100

Healthcare Benefit3,000

Hiring, Training & Rehiring3,000

Real Estate / Office Space2,500

Computers, Software & Support4,000

Office Supplies1,500

Mailing Cost3,000

Education and Coding Seminars Annually1,000

Clearing House Charges1,750

Total Cost of In-house Billing$ 65,850

ENRICHMD BILLING COST
Average Gross Collections for Internal Medicine$300,000

Full Service Billing Fee6%

(Percentage of gross collections - typically 4-8%)

Total Cost for EnrichMD Billing$18,000

COST BENEFIT ANALYSIS
In-house Billing Cost$65,850

EnrichMD Billing Cost$18,000

Annual Savings for your Practice$47,850

More information

Contact the EnrichMD Team at info@enrichmd.com to learn how we can help improve the financial and operational health of your organization.

Request a call from
a Billing Expert

Numbers that matter

97%

Net collections ratio

92%

First time pass through claims

16 days

Average commercial turnaround

32 days

Average days in AR

4.5%

A/R over 90 days

48 hrs

Charge entry TAT

48 hrs

Payment posting Tat

24/7

Client Access to Financial Information

Optimize your revenues.

Transform the Health of your Practice

We will help  increase revenue, mitigate staffing concerns, create workflow efficiencies, and enhance overall control of your practice