Billing Model Excel
This model was originally designed to grill changes in billing structures for a Medical Practice (Public versus Private Billing),however it is equally suited to whatever professional practice and can be used to test the impact of fee changes.When billing structures are altered histrion impact on client numbers and in turn revenue and profit.The Billing Model allows you to forecast what this impact will constitute.It does this using a Client Number Change proportion.This is the percentage deviate in client numbers when your billing structure is changed.For each business this is influenced by the level of contender,differentiation of the job,patron profiles,and genus of service provided.An estimate of this percentage combined with basic data on average billing fees and cost percentages allow income,profit and client numbers to be prediction for the range of billing fee combinations.The model considers II billing structures,Current (1st) and Proposed (2nd).From basic billing and cost data breakeven points at revenue and profit will be calculated for the proposed billing construction.Breakeven points tell you the Client Number deviate Percentage at which your current and proposed billing structures provide the same Revenue or Profit.If you change billing structures and the Client Number Change Percentage is greater than the Revenue Breakeven your Revenue will cut,if it is greater than the Profit Breakeven your Profit will cut.You can input an Estimated Client Number Change Percentage to forecast the income,Profit and Client Numbers for your business for the entire range of current and proposed billing structure combinations.Full results are displayed in easy to interpret Charts and delay format.Details displayed include income,benefit,and patron Numbers.
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