The Real Cost of a Billing/EMR Solution for Physical Therapy Practices
Choosing a billing/EMR solution for your physical therapy practice can sometimes feel like navigating a minefield. While the price point can seem tempting at first, there’s much more beneath the surface. Many companies, especially newer, less experienced ones, promise sky-high collection rates. But in the fine print and day-to-day operations, the actual benefits may not be as bountiful.
The Mirage of High Collections
Promised vs. Realistic Collections: High collection rates are often marketed, but the actual realized figures can be disappointingly lower, thanks to denied claims and other delays.
Hidden Fees and Extras: The cost doesn’t end at collection rates. Numerous hidden charges for services like faxing, appointment reminders, or per-user fees can soon mount up.
Operational Hurdles with Newer EMRs: Inexperience can lead to significant operational oversights. Many of these newer EMRs lack the infrastructure or expertise to handle insurance companies effectively. This could leave you, the client, in the lurch, making endless calls to insurance companies or dealing with overseas operations that can’t handle stateside issues efficiently. Quite frankly, they’ve bitten off more than they can chew.
Experience Counts
With over 20 years of experience under our belt, we at S4PT bring not just a service but a legacy of reliability. Our deep-rooted understanding of the domain means we’re equipped to increase your collections effectively, something many newer EMRs cannot claim.
Why We’re Different
Clarity, transparency, and efficiency are our pillars. We offer an all-inclusive service for 6.5% of insurance company collections with no hidden charges or unexpected hitches.
Making an informed decision requires a comprehensive look at…
Monthly Service Costs: Outline every feature’s expense.
Staff Overheads: Factor in salaries and overheads if you need to hire additional help.
Operational Costs: Include everything from postage to electronic submission fees.
Do The Math! Discover the real cost of an EMR/Billing Solution!
The Bottom Line
Diving into the world of billing/EMR solutions necessitates understanding both overt and covert costs. Our two-decade legacy ensures you receive premium, hassle-free service without the hidden pitfalls. With S4PT, you’re choosing expertise and transparency.