Magda's Billing Service acts as intermediary between your office and patients' insurance companies. We will send out claims to insurance offices on your behalf and process all incoming payments. We even provide the option of direct deposit, so you do not have to worry about trips to the bank. We also send notices to patients with outstanding balances, and provide monthly billing and collection reports. To learn more about our services and procedures, click here.
Our standard contract asks for 5% of monthly collected revenue, plus a one-time account set-up fee of $500. This fee is non-refundable after a contract is signed. It is used to set you up with a clearinghouse for processing electronic claims, as well as entering all the patients data, codes, and insurance information in the software. The initial set-up process may take up to 2 months. Our office requests a minimum contract of 2 years, after initial set-up.