Why do some billing firms only charge by the claim vs. a percentage of collected revenue?

Many new billing companies will charge you a flat fee per claim because they are normally only skilled in the initial “transmission or submission” of the claim to the insurance company.Frankly, this is something you could do internally. Most tenured billing firms will charge you a percentage of what they collect. They are more compelled to work harder, follow through with secondary submissions, denials and work to get you the highest reimbursement possible – a “win-win” for both.

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