Dan Wunderlich, MD, Midland Pathology Associates
As is tradition in this industry, ABS is paid based on a percentage of collections. We are paid on performance. Our clients receive an invoice on a monthly basis. This invoice is generated at the conclusion of ABS processing the client’s Month-End Reporting Package. This package and invoice is typically transmitted to the responsible parties (client) via email for payment within 10 days.
We take the following data into consideration when we offer a bid for services to a perspective client:
In general, our fees range from 5.9%-8% of collections
There are cases where we discount Global Billing.
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