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Medical Billing Pricing & Rates

Medical billing pricing,
priced on what we collect.

Medical billing companies typically charge between 4% and 9% of monthly collections, with the median across small and mid-size practices sitting around 6% (per HBMA and MGMA practice surveys). MedPrecision's percentage-of-collections pricing is transparent, contract-light, and aligned with your revenue. If you are weighing that against a flat per-claim rate, our breakdown of which pricing model costs less at your claim volume works the crossover both ways and shows who absorbs the cost of a denial under each structure.

No setup fees. No per-claim charges. No hidden costs. We only get paid when your practice gets paid.

person

Solo Practice

For independent providers who need reliable billing without the overhead of a billing department.

7.0% of monthly collections

Minimum monthly fee applies

check_circle Claims Scrubbing & Submission
check_circle Basic Denial Management
check_circle Monthly Performance Reporting
check_circle Dedicated Account Specialist
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groups

Group Practice

Multi-provider support with advanced analytics for growing clinics that need more than basic billing.

6.0% of monthly collections

Volume discounts available

verified Everything in Solo Practice
check_circle Secondary Payer Management
check_circle Real-time Dashboard Access
check_circle Patient Statement Services
check_circle Credentialing Support
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Enterprise

Custom pricing for large health systems and hospital groups with complex billing needs.

Custom

Scalable tiered pricing

verified Everything in Group Practice
check_circle Full RCM Consultation
check_circle Legacy AR Clean-up
check_circle Custom API Integrations
check_circle Priority 24/7 Concierge Support
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What that works out to

A percentage is only comparable once you convert it into money. Below, the published rates applied to six practice profiles. Collections figures are illustrative scenarios, not client data — the rate and the arithmetic are ours.

Practice profile Annual collections Tier Rate Annual fee Monthly equivalent
Solo physician, light procedural volume $400,000 Solo 7.0% $28,000 $2,333
Solo physician, established panel $600,000 Solo 7.0% $42,000 $3,500
Solo physician + APP $850,000 Solo 7.0% $59,500 $4,958
3-provider group $1,200,000 Group 6.0% $72,000 $6,000
5-provider group $2,000,000 Group 6.0% $120,000 $10,000
8-provider multispecialty group $3,500,000 Group 6.0% $210,000 $17,500

The solo tier carries a monthly minimum, so a very low-volume month bills at the minimum rather than the percentage. Enterprise engagements are scoped individually and are not represented above. Run your own numbers in the billing cost calculator.

Flat-fee packages: Medicare enrollment & PECOS

Provider enrollment is project work, not a revenue cycle, so it is priced flat rather than as a percentage. These prices are fixed in advance and quoted before any work starts.

Package What it covers Price
Medicare Group Enrollment Launch Type 2 NPI + I&A/AO setup + CMS-855B via PECOS + document review + CMS-588 prep + submission tracking + one MAC development-request response $1,750 flat
Medicare Group + First Provider Launch Everything above, plus one physician’s CMS-855I status review, enrollment if required, reassignment, practice-location association and final configuration review $2,250 flat
Virtual Clinic Medicare Launch Readiness review + Type 2 NPI + I&A/AO + group PECOS enrollment + first physician enrollment/reassignment + EFT + telehealth practice-location documentation review + billing-readiness handoff + 90-day tracking $2,750–$3,500
Additional physician added to an enrolled group Per-provider enrollment and reassignment onto an existing group $450–$600 each
Ongoing enrollment management Revalidations, additions, terminations and changes of information, managed continuously $500–$1,500/month

Turnaround we control: kickoff within one business day, document review in 2–3 business days, submission roughly 5–7 business days after a complete document package. CMS and MAC processing time is external and we never present it as ours. Full detail on Medicare provider enrollment services.

What the rate covers

A percentage of collections is only comparable between vendors if you know what each one is accountable for. Ten stages carry a claim from eligibility check to closed balance; for each we state who owns it, how often it runs, and what you receive as evidence it ran. If a stage has no named owner and no artifact, it is a promise rather than a process.

Stage Owner Cadence What you receive
Eligibility verification Verification team Before every scheduled visit Exception list of patients whose coverage failed to verify
Charge entry Charge entry specialist Every business day Daily charge lag report — days from encounter to charge posted
Claim scrubbing Billing systems Per claim, before transmission Edits triggered, by rule and by frequency
Claim submission Billing team Daily; clearinghouse rejections worked within 48 hours Acceptance and rejection counts by payer
Payment posting Posting team Within 48 hours of ERA receipt Payment variance report — paid versus contractually expected
Denial management Denials specialist Worked within 5 business days of receipt Denial analysis by CARC, root cause and disposition
A/R follow-up A/R analyst Continuous, prioritised by filing deadline Aging report plus the worked action plan behind it
Patient statements Patient A/R First statement day 5 post-EOB, then every 30 days Patient A/R aging and collection rate
Monthly reporting Account manager Monthly, by the 10th business day Full RCM report with an A/R roll-forward that reconciles
Escalations Named account manager On defined triggers, not on request Written escalation with cause and corrective action

What triggers an escalation

Escalation triggers are defined in advance so that raising a problem is not a judgement call made under pressure. Any one of these produces a written escalation from your account manager:

  • A/R over 90 days rises for two consecutive months.
  • Any single payer holds more than 25% of the over-90 balance.
  • Any balance reaches 75% of its timely-filing deadline.
  • Clean claim rate falls for two consecutive months.
  • A payer changes a policy that materially affects your reimbursement.

We get paid when you get paid.

Performance-based pricing means our revenue depends on yours. No hidden setup fees, no per-claim charges. We make money by collecting yours -- which is exactly how it should work.

95–98% First-pass clean-claim target range (industry best-practice band)
10–15% Typical net-collections lift in first 6 months
Medical practice billing workspace

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Common Questions

Straight answers about how our medical billing pricing works.

Need a custom quote?

We'll analyze your current billing costs and show you exactly what outsourced billing would cost for your practice.

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Are there any upfront setup or implementation fees?

No. We handle integration and setup for all standard EMR/EHR platforms at no cost. You only pay based on collections -- which means we have every reason to get your billing running fast.

How does the percentage-based pricing work?

We bill monthly based on actual collections deposited into your bank account during the prior calendar month. If we don't collect, you don't pay. Our incentives are 100% aligned with yours.

What happens if our claim volume changes significantly?

The percentage model scales naturally with your volume. For practices experiencing rapid growth or seasonal swings, we offer flexible tier adjustments so your cost-to-collect stays competitive.

Is HIPAA compliance included?

Yes. HIPAA compliance, data encryption, and secure cloud infrastructure are standard across every plan. We don't charge extra for protecting your patient data -- that's table stakes.

How do I know if outsourced billing will actually save me money?

Request a free quote and we'll run a cost comparison against your current in-house or outsourced billing costs. Most practices see savings within the first 60 days after switching.

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