FEE SCHEDULE

51 Oakwood, Inc. is dedicated to providing the most cost efficient means to collect your payments realizing that our goal is to do it better, faster and for less than it would cost you to staff an in-house billing department.

All you pay is a flat contract rate of the amount of the deposit you collect. For the flat fee you will receive the following services:

1. Processing of medical claims within 24 hours of submission
2. Follow-up on denials within 24 hours of receipt
3. Electronic submission and testing of claims
4. Reconciliation of lock box deposits and posting of payments
5. Submission of patient statements and mailing
6. Follow up on patient balances and establishing budget payments
7. Analyzing fees and proper charge categories
8. Assessing proper coding, bundling and special billing to maximize payments
9. Follow up on denials and assessments
10. Processing patient refunds if applicable
11. Responding to patient and insurance company calls through our toll free number
12. Creating custom reports and records for each client monthly

Our flat fee is all-inclusive. You will NOT be billed separately for printing, mailing, service fees or clearing house fees.