{"id":6164,"date":"2018-06-19T07:57:09","date_gmt":"2018-06-19T12:57:09","guid":{"rendered":"https:\/\/www.billingparadise.com\/blog\/?p=6164"},"modified":"2026-03-24T04:59:42","modified_gmt":"2026-03-24T09:59:42","slug":"3-proven-medical-billing-pricing-models","status":"publish","type":"post","link":"https:\/\/www.billingparadise.com\/blog\/3-proven-medical-billing-pricing-models\/","title":{"rendered":"3 Proven Medical Billing Pricing models every CEO must keep an eye on"},"content":{"rendered":"<section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\"><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\">[vc_raw_js]JTNDc2NyaXB0JTIwc3JjJTNEJTI3aHR0cHMlM0ElMkYlMkZjZG4xLnBkbW50bi5jb20lMkZhJTJGNEotWmc4bE8tLmpzJTI3JTNFJTNDJTJGc2NyaXB0JTNF[\/vc_raw_js][vc_empty_space]<div class=\"text-block \" ><div class=\"simple-text \"><blockquote id=\"titlequote2\">\n<h2 style=\"font-size: 30px;color: #e26a3f\">We signed up 40 new clients within a month by using this unique pricing structure<\/h2>\n<\/blockquote>\n<\/div><\/div>[vc_empty_space][vc_custom_heading text=&#8221;3 smart tweaks we made according to pricing psychology that increased our revenue&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<div class=\"text-block \" ><div class=\"simple-text \"><p>Pricing is the most powerful lever when it comes to business. It evokes strong emotional responses from people. The standard \u201cgood, better, best\u201d approach to pricing is okay but strictly belongs to the garden variety of pricing plans.<\/p>\n<p>We\u2019d just read a blog on how <strong><a title=\"HubSpot\u2019s pricing page revamp\" href=\"https:\/\/blog.hubspot.com\/marketing\/pricing-page-redesign-conversion-rate-optimization\" rel=\"nofollow\">HubSpot\u2019s pricing page revamp<\/a><\/strong> had resulted in increased marketing qualified leads (MQLs) by 165% and signups by 89%. And also found that most visitors landed on the homepage and quickly moved to our pricing page.<\/p>\n<\/div><\/div><div class=\"text-block \" ><div class=\"simple-text \"><p>In a recent survey, <a title=\"Hospitals Turn to Bolt-On\" href=\"https:\/\/www.billingparadise.com\/resources\/infographics\/hospitals-turn-to-bolt-on-outsourced-rcm.html\"><strong>Hospitals Turn to Bolt-On<\/strong><\/a>, Outsourced Revenue Cycle Management, the search for a good <strong><a href=\"https:\/\/www.billingparadise.com\/medical-billing\/\">medical billing services<\/a><\/strong>\/RCM company has increased. Staff, technology, Cost, and experience are the major factors hospital decision-makers consider before outsourcing their full RCM or a component of their revenue cycle.<\/p>\n<\/div><\/div>[vc_single_image image=&#8221;445833&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; onclick=&#8221;custom_link&#8221; link=&#8221;https:\/\/www.billingparadise.com\/revenue-cycle-management\/&#8221;]<div class=\"text-block \" ><div class=\"simple-text \"><p>Especially cost is a crucial factor that plays a key role during decision making. Most of the medical billing companies operate on two models. One is End-End RCM support and the second one is FTE. In this new healthcare era, if you want to scale your billing business you have to be unique in terms of not only providing your specialized services but even the fee you charge has to be unique. I would say, you must listen to their story before revealing your pricing information.<\/p>\n<\/div><\/div><div class=\"text-block \" ><div class=\"simple-text \"><p>BillingParadise works in an industry where customers are used to making informed decisions. We work with hospitals, large medical groups, independent practices, and clinics. Game-changing decisions are made every day, such as joining accountable care organizations to stabilize their practices, expanding their presence to serve varied patient populations and externalizing their revenue cycle organizations. In a volatile climate, every day involves making smart choices, big and small.<\/p>\n<\/div><\/div><div  class=\"empty-space  marg-lg-b15\"><\/div><\/div><\/div><\/section><\/div><\/div><\/section><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\">[vc_custom_heading text=&#8221;The search for the perfect spaghetti sauce&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\">[vc_single_image image=&#8221;446705&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; css_animation=&#8221;none&#8221;]<div class=\"text-block \" ><div class=\"simple-text \"><p>At BillingParadise we receive close to 100 client requests a month. But we knew we could do better. And the solution we hit upon was reminiscent of Malcolm Gladwell\u2019s search for the right spaghetti sauce. Our <a title=\"Pricing Model\" href=\"https:\/\/www.billingparadise.com\/pricing.html\"><strong>percentage based pricing model<\/strong><\/a> was working just fine.<\/p>\n<p>But most clients had different needs. And we knew it was time to give our pricing table a makeover. The expectations healthcare organizations have of a billing company has undergone a massive shift. It can be tied <strong><a title=\" Today medical care providers face challenges\" href=\"https:\/\/www.billingparadise.com\/blog\/11-major-physicians-challenges-to-retain-in-house-billers\/\">to the major challenges medical care providers face today.<\/a><\/strong><\/p>\n<\/div><\/div><div  class=\"empty-space  marg-lg-b20\"><\/div><\/div><\/div><\/section><\/div><\/div><\/section><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\">[vc_custom_heading text=&#8221;Here is what C-suite executives in the healthcare sector are looking for:&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<div class=\"text-block \" ><div class=\"simple-text \"><ul class=\"checked lists\">\n<li>Offer RCM technology and services that focus on enabling workflows for in-house staff<\/li>\n<li>Letting go of a senior biller is a huge setback for an organization as practice-specific experience also walks out of the door. Healthcare executives want RCM vendors to work as an extension of their existing teams.<\/li>\n<li>\u00a0According to a survey by Definitive Healthcare 38% of a hospital, executives said they\u2019d partner with an RCM provider who <a title=\" Offers Co-Management Support\" href=\"https:\/\/www.billingparadise.com\/rcm-services\/co-managed.html\"><strong>offers co-management support<\/strong>.<\/a><\/li>\n<li>The same survey also states that only about 5% of hospitals wanted to completely \u00a0outsource their revenue cycle operations<\/li>\n<li>An increasing number of healthcare organizations say that healthcare cost savings are their top priority<\/li>\n<li>Most healthcare organizations are looking to work with revenue cycle companies who can fuse revenue cycle management operations with value-based care objectives.<\/li>\n<li>Their major challenge is finding an RCM provider who can <a href=\"https:\/\/www.billingparadise.com\/specialties\/obgyn\/emr.html\">work with their existing EHR and teams<\/a><\/li>\n<li>There is a huge demand for visibility across the revenue cycle continuum<\/li>\n<li>A survey by Dimensional Insight cites performance tracking as a huge concern for senior-level decision makers<\/li>\n<li>Overall healthcare organizations are in need of revenue cycle partners who\u2019ll offer flexible service packages, are tech-enabled and who can blend in seamlessly with their current workflows.<\/li>\n<\/ul>\n<\/div><\/div><div  class=\"empty-space  marg-lg-b20\"><\/div><\/div><\/div><\/section><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\">[vc_custom_heading text=&#8221;The Groundwork\u2026&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<div class=\"text-block \" ><div class=\"simple-text \"><p>Like all good pricing models, it had to offer various price points. The biggest advantage of offering different price points is that clients would price shop within our site and not click away. But when you work in a hyper-competitive industry such as healthcare, you compete with not just other revenue cycle management companies. In fact, your biggest competitor is your previous years\u2019 service offerings and price points.<\/p>\n<\/div><\/div>[vc_custom_heading text=&#8221;Now, we definitely knew the basic criteria our pricing architecture had to meet.&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<div class=\"text-block \" ><div class=\"simple-text \"><ul class=\"meet lists\">\n<li>The price points had to be well defined and differentiated to avoid confusion<\/li>\n<li>It had to map closely to buyer personas and the benefits they\u2019d get from choosing a certain package<\/li>\n<li>The price variance should be based on value metrics<\/li>\n<\/ul>\n<\/div><\/div><div  class=\"empty-space  marg-lg-b20\"><\/div><\/div><\/div><\/section><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\">[vc_custom_heading text=&#8221;We understand that you\u2019re imagining our pricing table would look like this&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;][vc_single_image image=&#8221;446713&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; css_animation=&#8221;none&#8221;]<div class=\"text-block \" ><div class=\"simple-text \"><p>We love cute images. And we\u2019d love it even more if <strong><a title=\"Our Pricing Strategy\" href=\"https:\/\/www.billingparadise.com\/request-a-billing-quote.html\">our pricing strategy<\/a> <\/strong>could be so simple as well!. Most products and services focus on the sweet spot that is nestled comfortably between the lowest price range and the highest price. The low price will drive clients to the door and 9 out of 10 times they\u2019d graduate to a higher plan. Instead of offering bare-boned services and hoping our customers would graduate to a higher price range not out of choice but out of necessity, we created a pricing architecture that was attuned to their specific, very specific, needs.<\/p>\n<\/div><\/div><\/div><\/div><\/section><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\">[vc_custom_heading text=&#8221;1. Co-managed revenue cycle services (a model that works)&#8221; font_container=&#8221;tag:h3|text_align:left|color:%23f26737&#8243; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\"><div class=\"text-block \" ><div class=\"simple-text \"><figure class=\"wpb_wrapper vc_figure\">\n<div class=\"vc_single_image-wrapper vc_box_shadow_border vc_box_border_grey\"><img loading=\"lazy\" decoding=\"async\" class=\"point1 vc_single_image-img attachment-full alignleft\" title=\"co-managed-rcm-service\" src=\"https:\/\/www.billingparadise.com\/blog\/wp-content\/uploads\/2018\/06\/co-managed-rcm-service.png\" alt=\"co-managed-rcm-service\" width=\"357\" height=\"357\" \/><\/div>\n<\/figure>\n<p>Lots of medical billing companies are offering end-end revenue cycle management services these days. If you are using in-house billers and coders and haven\u2019t approached one, it\u2019s basically just the process of submitting claims to insurance companies where in the company takes full in charge in your revenue cycle starting from Eligibility verification till AR bucket. Hence, they charge you from your total collections. There are companies charging 8-12% but you could find medical billing companies for 3-6%. If you are one among the users of top EHR\/EMR software then you will be paying somewhere between the same 3-6% to your EHR Vendor\u2019s RCM service.<\/p>\n<\/div><\/div><\/div><\/div><\/section><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-10 have-padding\"><div class=\"text-block \" ><div class=\"simple-text \"><p><strong style=\"font-style: italic\">But the only problem we heard from our clients is, there are too many limitations say, they don\u2019t do the end-end service, there will be a minimum fee if you are practicing services like Ophthalmology, physical therapy, mental health <\/strong><strong>then you might look for a third party RCM vendor.<\/strong><\/p>\n<\/div><\/div><\/div><div class=\"wpb_column col-md-2 have-padding\">[vc_single_image image=&#8221;6305&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; css_animation=&#8221;bounceIn&#8221;]<div class=\"ult-spacer spacer-6a2879fc77c14\" data-id=\"6a2879fc77c14\" data-height=\"15\" data-height-mobile=\"10\" data-height-tab=\"10\" data-height-tab-portrait=\"10\" data-height-mobile-landscape=\"10\" style=\"clear:both;display:block;\"><\/div><\/div><\/div><\/section><div class=\"text-block \" ><div class=\"simple-text \"><p style=\"text-align: justify\">What we did with the \u201cCo-Managed Revenue cycle management\u201d wasn\u2019t revolutionary when an OBGYN provider didn\u2019t want to fire her 20+ years experienced biller who was managing the entire billing. We have few customers who fired their billers and coders, the moment we signed the contract. We\u2019ve negotiated rates, customized services, offered onsite-resources, and a few other things. But in this OBGYN Practice case, the client wasn\u2019t ready to fire her biller not just for her loyalty but the knowledge too. Hence, we implemented a new plan not because of the client, but we had faced similar stories in the past. Let\u2019s talk about what exactly Co-managed Revenue cycle management service is and the benefits of implementing it.<\/p>\n<\/div><\/div>[vc_custom_heading text=&#8221;In a simple formula:&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<div class=\"text-block \" ><div class=\"simple-text \"><p><em><strong>Co-Managed Revenue cycle Management Service = your team + BillingParadise Team<\/strong><\/em><\/p>\n<\/div><\/div><div class=\"text-block \" ><div class=\"simple-text \"><p>Most healthcare organizations do not want to replace their senior medical billing and coding staff. Because organization-specific information and years of experience also leave out of the door. We understand how dicey it can be. And that\u2019s why BillingParadise offers co-managed revenue cycle support. Revenue cycle veterans of the client\u2019s billing team join hands with our experts to improve efficiency across the revenue cycle continuum.<\/p>\n<p><em><strong style=\"font-style: italic\">\u201cI was struggling to understand all the different software you\u2019ll have to learn and unlearn to bill nowadays. Luckily, the guys at BillingParadise came alone and do most of the legwork. I check the draft version of claims and transmit them. It\u2019s increased our productivity a lot\u201d <img decoding=\"async\" src=\"https:\/\/www.billingparadise.com\/blog\/wp-content\/uploads\/2018\/06\/837872.svg\" width=\"24px\" \/>\u00a0<\/strong><\/em>, was what Helen Cassano said, the billing director of an ob-gyn practice in California.<\/p>\n<\/div><\/div><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-10 have-padding\"><div class=\"text-block \" ><div class=\"simple-text \"><p>It is best practice for medical billing companies to offer co-managed revenue cycle services as it reduces startup times and gives healthcare organizations more control over their workflows.<\/p>\n<\/div><\/div><\/div><div class=\"wpb_column col-md-2 have-padding\">[vc_single_image image=&#8221;6288&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; css_animation=&#8221;bounceIn&#8221;]<\/div><\/div><\/section><\/div><\/div><\/section><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\">[vc_custom_heading text=&#8221;2. FTE option ( A strategy that paid off)&#8221; font_container=&#8221;tag:h3|text_align:left|color:%23f26737&#8243; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;][vc_single_image image=&#8221;6251&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; css_animation=&#8221;none&#8221;]<div class=\"text-block \" ><div class=\"simple-text \"><p>Our next pricing package was designed to address our client base\u2019s chief concern &#8211; externalizing revenue cycle operations. In the words of legendary advertising and marketing expert Ogilvy Mather, <strong style=\"font-style: italic\"><img decoding=\"async\" src=\"https:\/\/www.billingparadise.com\/blog\/wp-content\/uploads\/2018\/06\/427735.svg\" width=\"24px\" \/>\u201cSelling is having an answer to every objection\u201d<\/strong>.<\/p>\n<p>Though most healthcare organizations are planning to outsource their revenue cycle operations by 2020 according to a BlackBook survey, very few them actually take the quantum leap.<\/p>\n<\/div><\/div><div class=\"text-block \" ><div class=\"simple-text \"><h4 class=\"vc_custom_heading\" style=\"text-align: left;font-family: Roboto;font-weight: bold;font-style: normal\"><img decoding=\"async\" src=\"https:\/\/www.billingparadise.com\/blog\/wp-content\/uploads\/2018\/06\/576866.svg\" width=\"24px\" \/>\u00a0Wonder why?<\/h4>\n<p>Because working with a medical biller who is down the hall is a lot more convenient to work with medical billers who don\u2019t share the same office space. According to a new study by Stanford psychology scientists, the feeling of working as a team fueled intrinsic motivation by participants and made them more productive. Across 5 experiments the scientists found that people love to work and function as a team. And the shocker? Participants performed well thinking that they were a part of the team thought they were working alone!<\/p>\n<p>On the one hand, healthcare organizations wanted to outsource their RCM operations as it grew increasingly complex and heavily regulated. But on the other hand, wanted someone to become a part of their team and grow with their organizations instead of being a faceless voice. There had to be a solution that helped our clients find the right resources, make them a part of their medical practice\u2019s fabric and yet not deal with expensive salaries and the drab hiring process. BillingParadise offered our prospects just that. The FTE model has been around for some time now. But most organizations don\u2019t know how to \u2018work it\u2019.<\/p>\n<\/div><\/div>[vc_single_image image=&#8221;446709&#8243; img_size=&#8221;full&#8221;]<\/div><\/div><\/section><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\"><div class=\"text-block \" ><div class=\"simple-text \"><h4><\/h4>\n<h4 style=\"text-align: left;font-family: Roboto;font-weight: bold;font-style: normal\"><img decoding=\"async\" src=\"https:\/\/www.billingparadise.com\/blog\/wp-content\/uploads\/2018\/06\/951846.svg\" width=\"24px\" \/>\u00a0Our proposal:<\/h4>\n<p>BillingParadise\u2019s experts would drive down to the healthcare organization and conduct a thorough study of its people, processes and technology. Sit with the top-level management and develop a go-forward plan. Offer the organization several FTEs who\u2019d meet their expectations Provide quick replacement if need be. Once the modalities were out of the way we added another column to our pricing table. <a title=\"Hire FTEs for as low\" href=\"https:\/\/www.billingparadise.com\/rcm-services\/fte.html\">\u201cHire FTEs for as low as $$$\u201d.<\/a><\/p>\n<p>And it worked <img decoding=\"async\" src=\"https:\/\/www.billingparadise.com\/blog\/wp-content\/uploads\/2018\/06\/576878.svg\" width=\"24px\" \/>.<\/p>\n<\/div><\/div><div class=\"text-block \" ><div class=\"simple-text \"><p><a href=\"https:\/\/www.billingparadise.com\/blog\/wp-content\/uploads\/2018\/06\/fte-rcm-service.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-6237 alignleft\" src=\"https:\/\/www.billingparadise.com\/blog\/wp-content\/uploads\/2018\/06\/fte-rcm-service.png\" alt=\"\" width=\"283\" height=\"257\" \/><\/a>The first client to contact us filled out the inquiry form within 10 days of introducing our new <strong><a title=\"Medical Billing coding Pricing Offer\" href=\"https:\/\/www.billingparadise.com\/case-studies\/Medical-billing-final-additions.pdf\">pricing offer<\/a><\/strong>. It was a podiatry group based in Mount Dora. They wanted to expand their office and also offer more specialties. The medical group hired 3 orthopedicians and started to offer orthocare as well.<\/p>\n<p>There was a blip in the bubble. Their in-house team were well-versed with <a title=\"Podiatry Billing and Coding\" href=\"https:\/\/www.billingparadise.com\/specialties\/podiatry\/billing.html\"><strong>podiatry billing and coding<\/strong><\/a>. But drew a blank when it came to orthopedic billing. The group practice did not want to outsource its ortho billing alone as that\u2019d lead to disjointed workflows and payment turnaround times. When BillingParadise offered FTE services the medical group was happy to hire 2 of our ortho coders to speed up their coding cycle.<\/p>\n<h4>With our FTE package we were able to help the podiatry and ortho group:<\/h4>\n<ul class=\"FTE-package lists\">\n<li>Circumvent the tedious hiring process<\/li>\n<li>Cut overheads as we offer affordable support<\/li>\n<li>Continue without much disruption to their workflow<\/li>\n<\/ul>\n<\/div><\/div>[vc_custom_heading text=&#8221;3. Full cycle RCM services (End to end support)&#8221; font_container=&#8221;tag:h3|text_align:left|color:%23f26737&#8243; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;][vc_single_image image=&#8221;446707&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_border&#8221;]<div class=\"text-block \" ><div class=\"simple-text \"><p>People love bundled offerings. Whether it is game consoles or revenue cycle management services.<\/p>\n<\/div><\/div><div class=\"text-block \" ><div class=\"simple-text \"><p><em>\u201c<strong>80% of Hospitals Vetting Full Revenue Cycle Management Outsourcing\u201d, screams this headline from RevCycleIntelligence.&#8221;<\/strong><\/em><\/p>\n<\/div><\/div><\/div><\/div><\/section><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\"><div class=\"text-block \" ><div class=\"simple-text \"><p>According to a survey by BlackBook, 80% of hospital leaders were planning to outsource their entire revenue cycle functions in 2019. The demand for full revenue cycle management outsourcing has increased by 86% between 2015 and 2019.<\/p>\n<\/div><\/div><\/div><\/div><\/section><section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-12 have-padding\"><div class=\"text-block \" ><div class=\"simple-text \"><h4 class=\"vc_custom_heading\" style=\"text-align: left;font-family: Roboto;font-weight: bold;font-style: normal\"><img decoding=\"async\" src=\"https:\/\/www.billingparadise.com\/blog\/wp-content\/uploads\/2018\/06\/511205.svg\" width=\"24px\" \/>\u00a0Sounds good?<\/h4>\n<p>But shockingly, only 18% of hospitals implemented a full-fledged revenue cycle management project in 2018. Because a <a title=\"RCM Package\" href=\"https:\/\/www.billingparadise.com\/full-service-package.html\"><strong>bundled revenue cycle management package<\/strong><\/a> shouldn\u2019t just cover the various processes and moving parts of the revenue cycle. It has to go beyond. It has to free physicians from the monotony of documentation. It has to free CFOs from receiving opaque reports that require enormous amounts of time and focus to unbox. It has to free organizations from the looming threats of non-compliance. Free healthcare professionals from the fear of being made the poster child for \u201clook what happens when you under code or overbill\u201d.<\/p>\n<p>In addition to our existing services, we added a few more solutions that could help our clients find the easy button when it came to improving revenue and compliance.<\/p>\n<\/div><\/div>[vc_custom_heading text=&#8221;The full-cycle revenue management services of BillingParadise now includes:&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<section  class=\"section no\"><div class=\"row\"><div class=\"wpb_column col-md-4 have-padding\">[vc_single_image image=&#8221;6236&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_border&#8221;]<\/div><div class=\"wpb_column col-md-8 have-padding\"><div class=\"text-block \" ><div class=\"simple-text \"><ul class=\"includes lists\">\n<li>\u00a0\u00a0A denial review process<\/li>\n<li>A complete <strong><a title=\"Lost Revenue Recovery Audit\" href=\"https:\/\/www.billingparadise.com\/lost-revenue-audit.html\">lost revenue recovery audit<\/a><\/strong> to identify revenue leaks and opportunities<\/li>\n<li>Credentialing and contracting review<\/li>\n<li>Legacy AR support<\/li>\n<li>On-site deployment of resources<\/li>\n<li><a title=\"MACRA ongoing support\" href=\"https:\/\/www.billingparadise.com\/blog\/key-to-handling-macra\/\"><strong>MACRA ongoing support<\/strong><\/a><\/li>\n<li><a title=\"workflow RCM Tools\" href=\"https:\/\/www.billingparadise.com\/rcm-tools\/\"><strong>Workflow and revenue cycle management tools<\/strong><\/a><\/li>\n<li>Structured go-live process<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/section><div class=\"text-block \" ><div class=\"simple-text \"><p>And that is not all. We are constantly evolving our services and offerings to meet the evolving demands of our clients. The full-cycle services package is by far our most popular and signed up for pricing package.<\/p>\n<\/div><\/div>[vc_custom_heading text=&#8221;Here is how to meet and exceed growth goals with an attractive pricing table&#8221; font_container=&#8221;tag:h3|text_align:left&#8221; google_fonts=&#8221;font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal&#8221;]<div class=\"text-block \" ><div class=\"simple-text \"><ul class=\"billing_checklist lists\">\n<li>Avoid option overload. Don&#8217;t stupefy clients with too many choices. Having to make too many decisions will lead to no decision being made at all.<\/li>\n<li>Ensure that your pricing packages are not just different price points. They have to be tied to distinct value metrics<\/li>\n<li>Keep an ear to the ground. Right from services to pricing those services let it all be centred on your target demographic<\/li>\n<li>Remove cognitive strain by offering transparent and consistent prices<\/li>\n<li>Identify objections and concerns.<\/li>\n<\/ul>\n<\/div><\/div>[vc_empty_space][vc_raw_html]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[\/vc_raw_html][vc_raw_js]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[\/vc_raw_js]<\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"[vc_raw_js]JTNDc2NyaXB0JTIwc3JjJTNEJTI3aHR0cHMlM0ElMkYlMkZjZG4xLnBkbW50bi5jb20lMkZhJTJGNEotWmc4bE8tLmpzJTI3JTNFJTNDJTJGc2NyaXB0JTNF[\/vc_raw_js][vc_empty_space] We signed up 40 new clients within a month by using this unique pricing structure [vc_empty_space][vc_custom_heading text=\"3 smart tweaks we made according to pricing psychology that increased our revenue\" font_container=\"tag:h3|text_align:left\" google_fonts=\"font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal\"]Pricing is the most powerful lever when it comes to business. It evokes strong emotional responses from people. The standard \u201cgood, better, best\u201d approach [...]","protected":false},"author":2,"featured_media":446702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[721,744],"tags":[],"class_list":["post-6164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-billing-collections","category-rcm"],"modified_by":"kiruthika","_links":{"self":[{"href":"https:\/\/www.billingparadise.com\/blog\/wp-json\/wp\/v2\/posts\/6164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.billingparadise.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.billingparadise.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.billingparadise.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.billingparadise.com\/blog\/wp-json\/wp\/v2\/comments?post=6164"}],"version-history":[{"count":25,"href":"https:\/\/www.billingparadise.com\/blog\/wp-json\/wp\/v2\/posts\/6164\/revisions"}],"predecessor-version":[{"id":450764,"href":"https:\/\/www.billingparadise.com\/blog\/wp-json\/wp\/v2\/posts\/6164\/revisions\/450764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.billingparadise.com\/blog\/wp-json\/wp\/v2\/media\/446702"}],"wp:attachment":[{"href":"https:\/\/www.billingparadise.com\/blog\/wp-json\/wp\/v2\/media?parent=6164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.billingparadise.com\/blog\/wp-json\/wp\/v2\/categories?post=6164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.billingparadise.com\/blog\/wp-json\/wp\/v2\/tags?post=6164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}