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Click here for more sample CPC practice exam questions and answers with full rationale

Hired to collect old balances

A physician has asked me to come in and help clean up old balances from the insurance company. I have been looking online for an acceptable rate to charge for this as obviously these will be the claims that take a lot more work.

All I can find online is that physicians who want this service should expect to pay a high percentage for this type of collections.

What is an acceptable amount to charge? I live in a state where charging a percentage based on collections is legal – I know that is isn’t legal in some states.

Thank you,
Emily

Medical Billing and Coding