ClaimTek - Medical Billing (800) 224-7450

Income Potential From Ancillary Services

What Income do I Expect From Providing Ancillary Services?

Potential

You typically approach doctors to offer them your medical billing & practice management services. but sometimes they don’t hire you immediately. In this case you have over 12 other services to offer them that can help you build a long-term relationship that can lead to more and more business with them later on. Our diversity of business programs helps you establish credibility as a professional medical billing service right from the start. Every element from software to marketing, training and support has been crafted to give you a decisive competitive edge

The scenarios below are very reasonable and realistic for someone who is serious about entering medical billing. In our estimates, we have even taken a conservative approach with these numbers so as not to mislead. These estimates are based on you working alone in Year 1 and hiring an Assistant in Year 2 so you can develop all these businesses.

Sample Income Projections:


Services:

Projected Income
Year 1

Projected Income
Year 2

1&2

Medical Billing & Advanced Practice Management Services for Current Claims – Medical & Dental

$49,950

$604,800

3

Medical Billing Services to Followup on Past Unpaid Claims

$12,000

$48,000

4

Collection Services

$1,000

$6,000

5

Electronic Fund Transfer

$620

$2,480

6

Well-Care Services

$2,700

$18,900

7

Document Management

$3,000

$18,900

8

Physician Credentialing

$750

$1,500

9

MD Audit Shield

$500

$3,000

10

CodeMaxx

$1,200

$6,000

11

Transcription Services

$1,680

$7,840

12

Remote Backup Service

$500

$1,300

13

Reseller of PMS

$22,020

$37,030

14

Software/Hardware

$6,000

$18,000

15

Custom Wellness Program

$3,000

$15,000

16

Patient Assessment Services

$900

$5,400

 

TOTAL INCOME

$105,820.00

$786,730.00


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