Pediatric Case Study

The practice opened in Jan of 2006 without MedCorp’s assistance. The physician realized he was in trouble and MedCorp was brought on board in September of 2006 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).

As of July of 2007 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.