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Alpha Medical Billing Company Business Plan Hufan Abrar, Uttam Rizal, Charlotte Dalton & Briana Bonnett Bright people, Big results

Alpha Medical Billing Company

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Page 1: Alpha Medical Billing Company

Alpha Medical Billing CompanyBusiness PlanHufan Abrar, Uttam Rizal, Charlotte Dalton & Briana Bonnett

Bright people, Big results

Page 2: Alpha Medical Billing Company

SOURCES OF FUNDS USES OF FUNDS

Family Loan: $20,000 Billing Software: $10,000

Government Grant $80,000 Computers, Printers: $ 5,000

Offi ce rent: $15,600

Marketing expense: $ 7,000

Business Liability Insurance $ 6,500

Salaries for 4 People $48,000

Utilities (Electricity, Phone, Internet): $ 2,000

Other Expenses $ 5,900

Total $100,000 Total $100,000

Expense Summary

Page 3: Alpha Medical Billing Company

Business PlanOur goal in this companyis to be able to provideexcellent billing service toall of our clients. We arededicated to helpingmedical practices becomemore efficient and savemoney. We thrive to be;

The top medical & billing software

Be a low cost provider of medical claim services

Provide world class service Keeping current with

insurance specifications & regulations

Page 4: Alpha Medical Billing Company

Clients

Physicians

Urgent CareDental

Surgeons Chiropractors

Page 5: Alpha Medical Billing Company

Alpha Medical Billing Services

Page 6: Alpha Medical Billing Company

Advantages We will charge 4% of the monthly

collected claim amount We guarantee that all claims will be

submitted within 24 hours to the clearinghouse

90% of claims will be satisfied the first submission

Follow up will be completed on all claims

Page 7: Alpha Medical Billing Company

Provider Charges:

Each provider will be charged a standard fee of $3,760.00 per month for our services

4% of the collected amount Surcharge of $100.00 will

be collected on a monthly basis for use of the Clearinghouse software, which is Claim MD

Page 8: Alpha Medical Billing Company

Marketing Material Expenses Business Cards: $312 for 4 sets of 500

cards Flyers: Half page is $100 for 500 flyers Brochures: Trifold is $200 for 500

brochures Pens: $667.50 for 500 Business Invitations: $250 for 500 Personalized Envelopes: $145 for 500

Page 9: Alpha Medical Billing Company

Marketing Media Expenses: Digital Marketing:

Social Media Local Listings

$10/month or $120/year Mailing Lists: 1-499 is 15 cents/provider,

499+ is 12 cents/provider Marketing Expenses Totaling: $1,854.50

every 6 months

Page 10: Alpha Medical Billing Company

Bi-annual Marketing CostsBusiness Cards

Flyers

Brochures

Digital Marketing

Mailing Lists

Pens

Business Invitations

Personalized Envelopes

Page 11: Alpha Medical Billing Company

Website http://alphamedicalbilling.x10host.com/