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Nath Billing can save a typical solo practioner over $5,000 annually just from billing services.
This is before taking into account any top-line growth seen from improved billing practices and does not include costs for managerial oversight of an in-house billing staff. And by getting paid only off collections we fully align our interests with yours. |
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Annual salary per billing FTE ($12.50/ hr for 2000 hrs) |
$25,000 |
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Taxes and benefits at 14% |
$3,500 |
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Overhead at 10% |
$2,500 |
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Total cost per FTE |
$31,000 |
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0.75* in-house billing FTE per 1 physician FTE |
$23,250 |
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Average collection per 1 physician FTE |
$300,00 |
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% of billing FTE cost to collections |
7.75% |
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Average Nath HBS fee |
6.00% |
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Dollar Savings |
$5,250 |
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Savings Percentage |
22.6% |
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