McGrath Group Management charges a percentage of net receipts for its services. Net receipts are defined herein as total receipts from patient care less refunds and checks that do not clear the bank.

The percentage that McGrath Group Management charges is directly related to the scope of work that we are contracted to perform. We work with you to tailor and customize our services to your particular practice needs. That is, we will only assume those duties and responsibilities you need from us.Thus, we can avoid duplication and redundancy of efforts and maximize your existing staff and technical resources. Further, these responsibilities and assignments can change over time (i.e., as result of staff turnover, changes in support requirements, etc.) in the future. Accordingly, you directly influence the total scope of MGM's services and the related cost of our services to you.

Traditionally, the rate for our professional services varies depending on the medical specialty and specific scope of services that are provided. Naturally, we precisely quote our billing fees based upon the final scope of the work to be performed by McGrath Group Management for your benefit.

In addition to the service fee, the organization is also billed for the postage used on its account. We utilize the latest post office specification for minimizing postage costs.However you should note that these costs are directly passed through to you at the rate MGM actually incurs.Because we embrace so much EDI, your actual postage costs should be significantly reduced from the current levels you are experiencing. Again, there are no other hidden costs (i.e., maintenance fees, license fees, consulting fees, etc.) associated with our services.

Finally, you should note that our estimated costs associated with the performance of your services are also based upon the implementation of certain performance standards mutually agreeable to you and to us. These performance standards traditionally consist of accounts receivable turnover, net collection rate, revenue recovered from appeals, AR aging, etc., types of performance criteria and standards. We will assist you in the preparation of the initial and ongoing performance based standards that we will use in order for you to continually evaluate and monitor our services over time. We believe that this approach provides the ongoing communication and evaluation tools for properly assessing and evaluating our ongoing services and value to you over time.

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