» Service Fees

Start-Up Fees

There is a one-time set fee for all new clients. No annual or minimum fees required.

Standard Fee: $299

• Set-up in our 24-hour web-based software systems
• Customized Superbills for your use
• Start-up kit with informational materials to help you make your practice more financially viable

This is for those who are already established with the insurance companies and there are no demographic changes necessary.

Extended Fee: $399

• Everything listed in the Standard Fee package
• Demographic set-ups with the insurance company

This is for those who need to have their account set up with the insurance companies OR for those who are new to LBS but have demographic changes that need to take place with the insurance companies.

Note: There is an extra $59 fee attached for providers who want to use both her own tax ID and her birth center tax ID when setting up a NEW account with LBS. This pertains to both the standard fee and the extended fee options.

Adding a Partner and/or a Birth Center

• There will be a $200 start-up fee to have a legal partner, employee or birth center added to a new or existing account if using the same tax ID number.
• There is a $259 start-up fee if adding a legal partner, employee or birth center using a new tax ID number.
• All non-legal partners must sign their own Agreement with Larsen Billing Service and pay the appropriate start-up fee ($299 or $399).

Percentage Rate

Larsen Billing Service charges an 8% commission on the total amount of insurance reimbursements, regardless of whether the reimbursements are sent to you (the midwife) or the member (your client).

This percentage rate will stay in place for 12 consecutive months, beginning with the date listed on the signed LBS contract. In order to be fair to both parties involved, LBS reviews account data every 12 months. If, at that time, we see there is a need to make adjustments to the fees portion of your contract and a new contract is to be signed, LBS will contact you directly to discuss options.

Flat Fee

Flat fees up to $100.00 may apply in situations where little or no insurance reimbursement is generated.

Example You have a client who knows they have a high deductible and chances are slim for you receiving any reimbursement from the insurance company, yet they want the claim to be submitted anyway (so it will be applied to their deductible).

Demographic Change Fee

There is a $200 fee to change your name or address and a $259 fee to change your Tax ID Number.
Download the Demographics Change Form »

Client Billing Fees

Read more about our expanded services »

Verification of Benefits Fee

There is a $15 fee to have Larsen Billing Service verify benefits.
Read more about VOB »

Patient Reimbursement Program

In the event where we cannot submit insurance claims on behalf of the midwife (i.e. the insurance company refuses to recognize the midwife as a payable provider), we can assist the insured in submitting such claims for themselves. There is a $49 consulting fee for this service.
Read more about Patient Reimbursement »

Provider Reactivation Fee

If a provider is inactive for more than six months and then wants to reactivate her account, there may be a fee assessed to update her forms and re-enter the information into our systems. The fee for this will be assessed on a case-by-case basis depending upon the situation.

Note: A provider is considered inactive if there has not been any communication between her and her billing team for a 6-month duration.