SUMMIT MEDTEC SERVICES LLC

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See How Our Electronic Medical Billing System Can Save You Money & Improve Your Bottom Line...

Instructions: Complete the fields listed under "Enter Your Figures" column. Do not use decimals. To request a detailed analysis of codes and/or complete billing cost analysis for your practice, please contact us today!

Insurance Claims Filing National Average: Providers Filing Paper Claims National Average: Providers Filing Electronically Enter Your Figures Description
Number of Insurance Claims Filed Annually 5,760 5,760
Average Value Per Claim $180 $180
Total Annual Insurance Billing $1,036,800 $1,036,800
Percentage of Rejected Claims 25% 1%
%
Number of Rejected Claims 1,440 58
Amount of Rejected Claims $259,200 $10,368
Percentage of Rejected Claims Never Collected 40% 40%
%
Total of Claims Never Collected $103,680 $4,147
Savings From Using Electronic Submission $99,533

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