Missouri Medical Billing and Software Service - JFB Billing
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The Medical BannerExchange



Fill out the claim cost analysis and we will show you the true cost of processing claims manually vs. how much could be saved by using our services to process claims electronically. An A.M.A. study on claims processing indicated it was costing between $6.00 to $15.00 to process the average claim. We can show that when we do the processing of claims is way below your cost to process claims.

 
Name of Practice:
Name of Office or Practice Manager:
Office Address:
Phone Number:
E-mail Address:
1. How many claims per month?
2. How many active patients?
3. Average or Percentage of claims that are rejected or denied for payment per month?   %
4. Average personnel hourly rate for all employees in the practice who participate in the billing or statement process? $
5. Cost of one HCFA form? $
6. Cost of one HCFA envelope? $

7. Percentage of active patients who receive monthly statements?

    %
8. Cost of each monthly statement? $
9. Total hours it takes to prepare statement?   
10. Expenses include depreciation, lease amount, and new or used hardware purchase for doing claims and statement? $
11. Include any cost of software purchases related to reimbursement aspects within the practice including backup software, etc? $
12. Include any cost for any software upgrades related to reimbursement within the practice including backup software, etc? $
13. Include monthly support costs, updates, or purchases required to maintain an active account with software/hardware vendor?  
14. Average cost for printer ribbons, cartridges, pens, pencils, paper, etc? $
15. Average cost of square footage devoted to claims processing per month? $
16. Average cost of supervisory related expenses? $
17. Average number of telephone calls to patients and insurance companies per month?  
18. Average cost of a single telephone call to patients and insurance companies per month? $
19. What is the number of claims a practice can process in an hour?  
20. Do you accept assignment?
21. Percentage wise, how many claims do you process weekly of the following?

Medicare: % Capitated: %
Medicaid: % Worker's Comp: %
Comm. Ins: % Other: %
   
22. Total Gross Billings per month? $
23. Total Collections per month? $
24. What is your present accounts receivable total? $
Do you have credit balances?
If yes, how much? $
How is this reflected in the accounts receivable total?
Aging:
1-30 Days  $ 30-60 Days  $
60-90 Days $ 90-120 Days $
120+ Days $  
   
25. When was the last time you updated your superbill?  
26. Briefly explain the most difficult and time consuming aspect of your current claims processing and billing system.
27. What would you like to see in ways of improving your current claims processing and billing system?


 


Whether you need billing services or state of the art software, JFB Billing Services & Software can help!
©2002-2007. JFB Billing Service & Software, LLC. All Rights Reserved.
Designed by Clancy Creations.
P.O. Box 785   Blue Springs, MO    64013
Voice or Fax (816) 228-8768    info@jfbbilling.com