Co-op Billing Budget (Beta)

I am taking my co-op billing idea to the next step; I am going to propose some real world numbers!

The below budget is based on NYC prices; rent, salary’s and electricity are significantly more expensive in this town than the rest of the US – I am sure some of you will laugh at these numbers.  If we use these higher numbers for assumptions, certainly there will be room to reduce expenses in the future.

For simple assumptions, I have added an additional biller for each 3 practices and divided the expenses equally by practice.  In reality a practice would have to “pay for what they use”.  A small practice may actually use only a portion of 1 biller – a small practice could get all of the benefits of a large billing company for a portion of 1 salary and overhead.  A large practice would pay a larger portion of several billers and a larger portion of the overhead.

It would be easy to see that a smaller practice could get the full services of the cooperative for less than $2,000 per month.