Healthcare Cost Reduction Form:

    Contact Information:

Group Name:

Doctors Name:

Contact Name:

Address:

Phone Number:

Fax Number:

Reps Name*

office use*

Reps Address*

office use*

Reps Phone*

office use*

Reps Fax*

office use*

Reps Mobile Phone*

office use*

Reps Other Phone*

office use*


    General Questions:

Number of Patients per month

Average hourly wage of office personnel

Cost of envelopes and stamps @ .40 per invoice

Number of offices


    Insurance Eligibility and Verification Questions:

Number of Billed Patients per month

Master Card / Visa rate

Average amount charged per transaction

Total amount charged each month

Statement fees

Number of checks monthly

Amount of NSF checks

Time to prepare deposit slips & bank runs

Avg. no. of days to receive payment on claims

Amount of claims outstanding over 14 days


    Medical Claims Processing Questions:

Average time spent verifying insurance
(AMA National Avg. is 30 min.)

What is your claims rejection rate?
(AMA national avg. 25%)

Average time it takes per patient

Are claims processed electronically? Yes or No

Internally or outsourced. Cost of outsourced claims

Number of Claims per month
(Including phone calls and follow-up)

Time to prepare one claim

Cost of envelopes and stamps @ .40 per invoice

 

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