Best Medical Billing Companies in Illinois
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How Much Does Medical Billing Cost in Illinois?
The cost of medical billing in Illinois 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 Illinois. 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 Illinois 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
Great Lakes Billing Services
626 W Jackson Blvd, Chicago, IL 60661 | +1 312-491-1848
With over 35 years of experience, Great Lakes Billing Services is a reliable partner to help healthcare organizations maximize their reimbursement potential. The company provides flexible billing solutions that are tailored for your needs as an organization or facility and can be customized accordingly with just one phone call. Read more of our review on our top choice for the best medical billing company in Chicago.
A Med Billing
2418 W Indian Trail F, Aurora, IL 60506 | +1 630 907 0578
Let A Med Billing help you meet your billing needs. With over 45 years of experience, they are knowledgeable in all aspects and will ensure that the process goes smoothly for both small businesses and large enterprises alike with their experienced staff members ready to go at any time. Read more of our review on our top choice for the best medical billing company in Aurora.
MED Miles
24117 103rd St Suite L, Naperville, IL 60564 | +1 888 598 9181
MED-Miles provides cost-effective revenue cycle solutions that will work with your practice and provide services across many specialties. Read more of our review on our top choice for the best medical billing company in Naperville.
Revonomics Consulting LLC
Office #108, 2614 W Jefferson St, Joliet, IL 60435 | +1 815 730 3023
With Revonomics Consulting, you get more than just a medical billing company. You’ll also have access to services that include but are not limited to claims processing and collections management. They’re dedicated professionals who will work with your office as they develop an individual solution tailored specifically for your needs – all at affordable prices too. Read more of our review on our top choice for the best medical billing company in Joliet.
Professional Billing Office
6785 Weaver Rd Ste 2C, Rockford, IL 61114 | +1 815 633 8586
With PBO’s comprehensive medical billing services, providers can improve quality and increase efficiency. As hospitals affiliate with other organizations or enter into agreements to share data processing systems they will have a growing need for compatibility among these platforms which is where they come in. Read more of our review on our top choice for the best medical billing company in Rockford.
Medical Billing Companies in Chicago, Medical Billing Companies in Aurora, Medical Billing Companies in Naperville, Medical Billing Companies in Joliet, Medical Billing Companies in Rockford
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Illinois Zip Codes Where We Provide Medical Billing Service
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