Quote from fw

Quote from OnsiteRad

7 percent is typical expenses. 

That would be a common billing company charge. There are very few practice situations where that would be your only overhead expense. Depending on where you are, you are going to have additional expenses for medmal insurance and if you bill for your own services (as opposed to having the hospital bill global), you are going to need someone who takes care of contracting. 20% would be a more typical overhead.

So lets say across the board, your practice collects $57/wRVU on professional charges. After a 20% overhead, everyone should go home with $45.60/wRVU. That’s for a purely professional fee based practice. No additional revenue sources or money sinkholes.

What is contracting costs? 

I didn’t include medmal insurance in the expenses.