Evergreen Billing clients may chose to use Evergreen's billing services
on a guaranteed performance basis. This system rewards Evergreen Billing for exceeding pre-specific payment
goals and penalizes us if we fail to achieve those goals.
A base contingency fee is proposed as the rate charged on all proceeds
received and is based on an expected payments calculated from payer mix,
account dollar volume and average age of submissions. All accounts entered
under a single submission date are considered a "batch." The
calculated expected recovery is established as the base recovery percentage
baseline for recovery performance on a 12-month basis.
If actual per batch payments exceed the base recovery percentage at 12-months
aging, a premium ranging from 0.5% to 3.0 percent will be given to Evergreen
Billing. On the other hand if Evergreen Billing fails to exceed the base
recovery percentage, a performance penalty of between 0.5% and 2.0% will
To learn more about how Evergreen Billing Service can help your billing
and collections process, call today at (708) 229-9500.
Your quality source for medical billing services