Confidential Insurance Area Evaluation
Make an informed decision about your practice and using Physician Services to handle your billing. Use our Insurance Area Evaluation form to assist in discovering your current cost for processing claims. Then you will know we can save you money and how much.
Our Confidential Insurance Area Evaluation form is shown below for your reference. Click the link to open and print and/or save the form.
Confidential Insurance Area Evaluation Form contents
Number of insurance staff __________ Hourly wages of insurance staff __________ Vacation pay per person per year __________ Paid sick days per person __________ Taxes per person monthly __________ Benefits per person monthly __________ Provider/Office Manager time spent on insurance area __________ Insurance seminars, consultants cost yearly __________ Number of times staff replaced in last two years __________ Estimated monthly expense: Postage __________ Envelopes __________ Long Distance ___________ Forms __________ Computer __________ Ribbon, Updates, repairs, misc: __________ Estimated value of insurance staff used in other position in organization __________ Total weekly insurance expense A) __________ Number of claims filed weekly B) __________ Cost to process each claim (A/B) = __________ Cost of billing service: __________ (minus) - __________ Difference (savings or loss) __________ Weekly savings __________ Monthly savings __________ NOTE: The average cost for a doctor to file his/her own claims is $6.50 and up per claim, not to mention the staff production time wasted on non-patient generating activities.