Best Medical Billing Companies in Rhode Island
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How Much Does Medical Billing Cost in Rhode Island?
The cost of medical billing in Rhode Island 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 Rhode Island. 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 Rhode Island 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
New England Medical Billing
10 Orms St # 110, Providence, RI 02904 | +1 401 453 0666
When you need a medical billing company that invests in your back-office infrastructure and provides local expertise, New England Medical Billing Incorporated is there for all your needs. Their team members are experienced professionals who take care of every detail from start to end allowing you more time to focus your efforts where it matters most: Patients. Read more of our review on our top choice for the best medical billing company in Providence.
Coastal Care Medical Management
10 Davol Sq # 400, Providence, RI 02903 | +1 401 421 4000
Coastal Care Medical Management offers a range of services to help healthcare providers with their billing and coding needs. They work hard at making sure that they can focus on what’s most important – providing quality patient care. Read more of our review on our top choice for the best medical billing company in Providence.
Medical Billing Companies in Providence
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Rhode Island Zip Codes Where We Provide Medical Billing Service
Providence
2909, 2908, 2907, 2904, 2906, 2905, 2903, 2912
More Rhode Island Zip Codes we serve:
2802, 2804, 2806, 2807, 2808, 2809, 2812, 2863, 2813, 2814, 2815, 2816, 2920, 2910, 2921, 2864, 2818, 2914, 2822, 2825, 2826, 2827, 2828, 2830, 2831, 2832, 2833, 2835, 2919, 2836, 2881, 2865, 2837, 2838, 2839, 2842, 2882, 2840, 2841, 2852, 2911, 2857, 2896, 2858, 2859, 2860, 2861, 2871, 2872, 2915, 2873, 2916, 2874, 2875, 2876, 2917, 2878, 2879, 2885, 2886, 2889, 2888, 2817, 2892, 2893, 2891, 2894, 2895, 2898
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