Full Service
Monthly Fees:
All fees cover the cost of building out the database, monthly
fees for maintaining & upgrading the database, and the monthly fees for our billing services. All fees are based upon your Service Agreement with Somatikos.
o
Month-to-Month Agreement –
§
$750 upfront to build the database
§
$125/mth. This fee covers the Clearing House, monthly maintenance and upgrades to the database.
§ 8% of all EOB through insurance companies, LOP monies collected, and monies collected through
billing patients.
o
One-Year Agreement –
§
$42/mth. This monthly fee covers the cost to build the database. Going with a one-year agreement, you will realize
a saving of $250 versus the month-to-month cost.
§
$125/mth. This fee covers the Clearing House, monthly maintenance and upgrades to the database.
§ 7% of all EOB through insurance companies, LOP monies collected, and monies collected through billing
patients.
o
Two-Year Agreement –
§
$15/mth. This monthly fee covers the cost to build the database. Going with a two-year agreement, you will realize
a saving of $390 versus the month-to-month cost.
§
$125/mth. This fee covers the Clearing House, monthly maintenance and upgrades to the database.
§ 6% of all EOB through insurance companies, LOP monies collected, and monies collected through
billing patients.
o
Three-Year Agreement –
§
No charge for building out the
database. Going with a three-year agreement, you will realize a saving of $750
versus the month-to-month cost.
§
$125/mth. This fee covers the Clearing House, monthly maintenance and upgrades to the database.
§ 6% of all EOB through insurance companies, LOP monies collected, and monies collected through
billing patients.
Services Provided
Through Telfonix:
·
Processing of claims
·
Bill Patients for monies owed
·
Deal with insurance companies
on all EOB issues
·
Posting EOB monies
·
Providing monthly financials
to Practices
· Free SOAP notes for Chiropractors. See what the free SOAP notes may look like.
o This is on all PIP and LOPs.
o Free Initial exam, Re-exam, and Final Exam notes for Medicare,
Medicaid, Commercial, and Cash patients.
Please remember....our service is customized to meet your practice needs. The fees above are simply a general price list.