HealthSource Billing and Coding Pricing
The pricing structure for GroupOne’s billing and coding services is straightforward, and calculated as a percentage of your organization’s monthly net collections. To put it simply, we don’t collect until you collect!
Our pricing for billing services is typically lower than national averages, and is based on a financial analysis of your practice’s historical or projected (in the case of startup practices) data. GroupOne’s goal is to offer competitive pricing for billing and coding services that meet or exceed MGMA benchmarks.
What’s in a Number?
GroupOne’s clients appreciate the simplicity of a pricing model based on a straight percentage of their monthly net collections. However, don’t be fooled into thinking that the number is just some ballpark estimate or, worse yet, plucked out of the blue. To the contrary, the pricing is determined by a detailed analysis of your organization’s key characteristics, finances and other data. Pricing for billing services takes into account:
- past charges
- receipts
- adjustment history
- collection rates
This basic information enables GroupOne to assess your practice’s current situation with regard to billing and collections. Then we consider the following factors to gain a clear understanding of where your organization should be financially:
- payor mix
- fee schedule
- planned future changes to the practice (or new practice status, for startups)
Lastly, GroupOne will look at these additional characteristics that make your practice unique, so that we understand the amount of overhead required to manage your account successfully and efficiently:
- practice specialty
- number of physicians
- average number of patients seen
- average number of procedures and/or visits
Request a Customized Proposal
If you would like to know how GroupOne’s billing and coding services can help your organization, and get detailed pricing information, complete and submit our no-obligation online Billing Services Questionnaire - here is the link to the form submission. We will analyze your specific requirements, and prepare and send you a billing services proposal, often with 24 hours of your request.
Feel free to contact the GroupOne Billing Center at 800-769-5288.
link to HBMA billing rates pdf in new window:
National Physician Billing Rate Averages.pdf
For more information regarding our services, call 800-769-5288 or email services@grouponehealthsource.com
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