By outsourcing your Medical Billing to Allstate, you can save around two thousand dollars per month on average compared to in house billing ( Analysis based on average monthly practice revenue of thirty five thousand dollars a month) . Please review our detailed analysis chart below.
|
In House Billing
(Based on a Sole Practice with one biller)
|
In House Cost
|
Allstate Medical Billing Cost
|
|---|---|---|
| Employee Salary
$17.00 per hour x 40 hours per week One Month Gross Pay |
$2,992.00 | $1247.50
Average of 250 Claims per Month @ $4.99 per claim.
|
| Medical Benefits
Employee Medical Insurance |
$330.00 | NONE |
| Sick Leave
7 days per year |
$70.00 | NONE |
| Vacation Leave
One week paid Vacation |
$50.00 | NONE |
| Retirement Plan
|
Varies | NONE |
| 401k
Employer matched contribution |
Varies | NONE |
| Workers Compensation
Based on $2.00 per $100.00 payroll |
$52.00 | NONE |
| Payroll Taxes per month
|
$100.00 | NONE |
| TOTAL PER MONTH | $3,594.00
per biller |
$1247.50
You SAVE $2346.50 per month Yearly Savings = $29158.00 |
