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The pricing for medical billing and revenue management services can vary based on several factors, including the size of the healthcare practice, the volume of claims, the complexity of services provided, and the specific needs of the client. It’s common for companies to charge a percentage of the revenue collected or a flat fee per claim.

Some companies may offer hybrid pricing models that combine a flat fee with a percentage of collected revenue. This allows for a more customized approach to pricing based on the specific requirements of the client.

Monthly Flat Fee

Another approach is a monthly flat fee, which could range from a few hundred to several thousand dollars, depending on the size and needs of the healthcare practice.

Percentage of Revenue

Many companies charge a percentage of the total revenue collected. This percentage can range from 3% to 10% or more, depending on the scope of services and the complexity of the billing.

Hybrid Models

When determining your pricing structure, it’s crucial to consider the following:

Practice Size

Larger practices may negotiate lower percentage rates due to the higher volume of claims.

Flat Fee per Claim

Some companies prefer a per-claim pricing model, which can range from $4 to $12 per claim. This model is often suitable for practices with a lower volume of claims.

Market Competitiveness

Technology and Tools

Service Complexity

If your services include additional features like analytics, compliance management, or specialized reporting, you may justify a higher pricing tier.

If your company utilizes advanced billing software or other technological solutions, this could impact your pricing.

Research the pricing models of competitors in your region to ensure your rates are competitive.

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Empowering Medical Billing Solutions

At Nova Billing Solutions, we alleviate billing challenges, enabling medical practices to focus on patient care while maximizing revenue and ensuring compliance.

A healthcare professional is taking the blood pressure of a seated woman. The healthcare worker is wearing a stethoscope and a floral-patterned shirt, while the patient is wearing a dark shirt and sitting comfortably with her eyes closed. In the background, two women in red uniforms are engaged in conversation. Several pamphlets are visible on the table, suggesting a medical or educational setting.

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A medical supply cart featuring an adjustable lamp, various medical containers, and supplies organized neatly. Items include pink kidney trays, a container with gloves, rolls of tape, gauze pads, a pair of scissors, and bottles of medical liquids. The cart also holds boxes labeled for gloves and other medical essentials.

A healthcare professional measures a woman's blood pressure using a sphygmomanometer in a clinical setting. The woman sits on a green chair, and a medical device is seen attached to the wall in the background.

Our Commitment to You

We provide customized billing solutions that enhance efficiency, transparency, and cost-effectiveness, allowing your practice to thrive in a competitive healthcare landscape.

Nova Billing Solutions transformed our billing process, maximizing revenue while ensuring compliance. Their customized solutions and transparency have greatly improved our practice's efficiency.

Dr. Smith

★★★★★