Pediatric Case Study

Six months after opening a pediatric practice without MedCorp’s assistance the physician realized he was in trouble and MedCorp was brought on board to provide billing services. At that time the average charges per month were $36,400 and the average patient payments per month were $4,511. The average insurance payments per month were $13,000 and the AR was $118,716 (3.26 x the average monthly charges).

After nine months the average charges per month had improved to $77,033.00 - a 200% increase and the average patient payments per month to $7,535 - a 170% increase. The average insurance payments per month had improved to $45,903 - an increase of 353% and the AR at $118,088 is only 1.53 x the average monthly charges. The physician is extremely satisfied with MedCorp’s performance and would be glad to give a personal reference.