Bouncing ideas here my Chiro mentioned that he is having trouble with his AR over 300K sitting in 120 from PPO plans. He was thinking of hiring someone that will charge him 11% to manage and collect his AR
I was thinking of offering to be a consultant, clean up his AR and make changes to current practice for future collections.
I have never done this but it’s genuinely exciting. How much would you change and how? And is this an enticing idea instead of outsourcing billing and paying a fee forev

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Posting as :
works at
You are currently posting as works at

I just hired a collections company. They charge 25% and that was on the lower end. If it’s a chiro I bet a lot of the +120 is in workman’s comp which gets messy. If you collect about 60% of that 300k which is average recoup rate then you would make around 19k which is good if you can complete the project in like 3- 4 months

He said most is PPO, I have not reviewed the data but I believe collectible

I would charge a fraction of that. Message me.

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