Instructions: Complete the fields listed under "Enter Your Figures" column. Do not use decimals. To request a detailed analysis of codes and/or complete billing cost analysis for your practice, please contact us today!
Insurance Claims Filing | National Average: Providers Filing Paper Claims | National Average: Providers Filing Electronically | Enter Your Figures | |
---|---|---|---|---|
Number of Insurance Claims Filed Annually | 5,760 | 5,760 | ||
Average Value Per Claim | $180 | $180 |
$
|
|
Total Annual Insurance Billing | $1,036,800 | $1,036,800 | ||
Percentage of Rejected Claims | 25% | 1% |
%
|
|
Number of Rejected Claims | 1,440 | 58 | ||
Amount of Rejected Claims | $259,200 | $10,368 | ||
Percentage of Rejected Claims Never Collected | 40% | 40% |
%
|
|
Total of Claims Never Collected | $103,680 | $4,147 | ||
Savings From Using Electronic Submission | $99,533 |