Plexus Health Solutions, Inc. - Full Service Medical Billing

Consultation, Training, Practice Management, Medical Billing

Cost Calculator

Compare the advantage of using Plexus as your medical billing service by using the Cost Calculator below. Please fill in all blanks.

Enter the fields with an * to calculate the cost per claim, billing expense, and possible savings.		Week	Month	Year
1. Hours Worked this Week (all billing staff) *
2. Total of deposits this week *


3. Hourly rate of each biller *	$
4. Benefits (per hour) for ea biller *
Total Billing Staff Salary
5. Practice overhead @ hourly rate *	$

6. Total Cost of In-House Billing

7. Plexus all inclusive rate	8%
8. Total Cost of Plexus Billing
Net Savings/(Expense)

1	Total all hours worked for all billing staff for the week.
2	Include all insurance and patient payments by cash, check, credit card.
3	Average of all hourly rates.
4	Check the box if benefits are provide. This is figured at 35% of the hourly rate(s).
5	Include all overhead to perform all billing functions; postage, envelopes, forms, computer hardware/software, phone, % of total office space used, taxes, insurance, etc.
7	This rate varies by specialty.
8	Includes software, backups, updates, upgrades, scheduler, encounter forms, postage, envelopes, statements, clearinghouse fees, accepting calls from patients, insurances and lawyers, appeals, supplying a toll free phone number and all office and staff benefits. Numbers in GREEN are your savings by having Plexus perform all of your medical billing needs.

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