WCMS Rates & Cost Anaylsis

/Rates
Rates2019-03-31T23:35:52-07:00

Why Choose Work Comp Medical Services?

Cost Analysis

WCMS*
QME Management Co.
Example 1: $6,900 QME
Example 1: $6,900 QME
Record Review
18.75 hrs x $25/hr . . . $468.75
Report Transcription
8.5 hrs x $25/hr . . . $212.50
Billing & Admin Fees
15% of Total QME . . . $1,035.00
Virtual Office Fee . . . $100.00Total Fees
50% of Total QME . . . $3,450.00
Total Fees . . . $1,816.25Total Fees . . . $3,450.00
Doctor Earns . . . $5,083.75Doctor Earns . . . $3,450.00
Doctor Earns $1,633.75 more with WCMS. 

 

WCMS*
QME Management Co.
Example 2: $2,968.75 QME
Example 2: $2,968.75 QME
Record Review
6.75 hrs x $25/hr . . . $168.75
Report Transcription
6 hrs x $25/hr . . . $150.00
Billing & Admin Fees
15% of Total QME . . . $445.31
Virtual Office Fee . . . $100.00Total Fees
50% of Total QME . . . $1,484.37
Total Fees . . . $864.06Total Fees . . . $1,484.37
Doctor Earns . . . $2,104.69Doctor Earns . . . $1,484.38
 Doctor Earns $620.31 more with WCMS.

*These figures are taken from actual cases. Actual amounts will vary depending on the case. QME management company fees shown are based on a average of 50% from an actual range for 40% – 60%. Record review, report transcription and virtual office fees shown on the WCMS side are provided by other service providers. WCMS can refer you to these providers upon request. WCMS billing and administrative fees cover: screening, sending correspondence to patients, retrieving records, scheduling interpreters if necessary, proofing reports to expedite the case and build physician’s reputation in the QME community.

 

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