Annual Salary for 2 Full-Time Billing Clerks @ $10/hour
$41,600
Sick Days, Paid Vacation, Fringe Benefits, Health Insurance, etc.
$12,480
Employer Payroll Taxes/Fees
$4,160
Extra Office Space, Furniture, Computer Hardware/Software Support
$5,500
Postage
$1,480
Supervisory Time by Physician or Office Manager
$4,780
Annual In-House Processing Cost
$70,000
Loss of Revenue from Industry Standard Rejection Rate (12.5%)
$26,000
Total Annual Cost to Process Claims In-House
$96,000
Average Cost per Claim When Processed In-House (16 claims per day)
$24
Now that you can see that in-house billing can cost you $24 per claim, take a look at our Cost Comparison to see how much you can save with eMediClaims.