Best Medical Billing Companies in Arkansas
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How Much Does Medical Billing Cost in Arkansas?
The cost of medical billing in Arkansas can vary depending on the size and type of practice, as well as the number of patients seen. However, the average cost for a medical billing company to handle all aspects of billing for a small practice with up to 10 patients is between $500 and $1,000 per month. For a medium-sized practice with up to 50 patients, the cost is between $1,500 and $2,500 per month. And for a large practice with over 50 patients, the cost can be as high as $3,500 per month or more. These costs do not include the fees charged by insurance companies for claims processing.
Start-up Fees:
The cost to set up a medical billing system can vary depending on the size and scope of the practice. For a small practice with up to 10 patients, the start-up fee is usually between $500 and $1,000. For a medium-sized practice with up to 50 patients, the start-up fee is usually between $1,500 and $2,500. And for a large practice with over 50 patients, the start-up fee can be as high as $3,500 or more. These fees cover the cost of setting up the billing software and training staff on how to use it.
Recurring Fees:
In addition to the start-up fee, there are also recurring monthly fees for medical billing services. These fees cover the cost of submitting claims to insurance companies, tracking payments, and providing customer service. The average monthly fee for a small practice with up to 10 patients is between $500 and $1,000. For a medium-sized practice with up to 50 patients, the average monthly fee is between $1,500 and $2,500. And for a large practice with over 50 patients, the average monthly fee can be as high as $3,500 or more.
One-Time Fees:
There may also be some one-time fees associated with medical billing in Arkansas. These fees could include charges for set-up or implementation of the billing system, claims processing, or training on the use of the system. One-time fees typically range from $500 to $3,000, depending on the size and scope of the project.
Overall, the cost of medical billing in Arkansas can vary depending on the size and type of practice, as well as the number of patients seen. However, the average cost for a medical billing company to handle all aspects of billing for a small practice with up to 10 patients is between $500 and $1,000 per month. For a medium-sized practice with up to 50 patients, the cost is between $1,500 and $2,500 per month. And for a large practice with over 50 patients, the cost can be as high as $3,500 per month or more. These costs do not include the fees charged by insurance companies for claims processing.
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Top Medical Billing Companies
EngageMED
5125 Northshore Dr, North Little Rock, AR 72118 | +1 501 224 1690
Hospital finances and operational efficiency have never been more challenging. Find out how EngageMED can help you meet those challenges head-on with a comprehensive level, expertise-based approach – they’re here whenever they are needed. Read more of our review on our top choice for the best medical billing company in Little Rock.
Team CPR, Inc.
400 Hardin Rd # 130, Little Rock, AR 72211 | +1 501 223 2776
Team CPR takes the administrative burden off of your plate so you can focus on what’s important – running a successful business. Clinic owners find themselves juggling between billing activities, answering emails every day, and managing an overflowing inbox; shortening these processes means happier staff members who are more productive because they don’t spend their time waiting around or processing paperwork. Read more of our review on our top choice for the best medical billing company in Little Rock.
Medical Billing Companies in Little Rock
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Arkansas Zip Codes Where We Provide Medical Billing Service
Little Rock
72209, 72204, 72206, 72223, 72211, 72205, 72210, 72212, 72227, 72207, 72202, 72201
More Arkansas Zip Codes we serve:
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