This model was originally designed to test changes in billing structures for a Medical Practice (Public versus Private Billing), however it is equally suited to any professional practice and can be used to test the impact of fee changes. When billing structures are altered they impact on client numbers and in turn revenue and profit. The Billing Model allows you to forecast what this impact will be. It does this using a Client Number Change Percentage. This is the percentage change in client numbers when your billing structure is changed. For each business this is influenced by the level of competition, differentiation of the business, client profiles, and type of service provided. An estimate of this percentage combined with basic data on average billing fees and cost percentages allow revenue, profit and client numbers to be forecast for the range of billing fee combinations. The model considers two 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 structure. Breakeven points tell you the Client Number Change 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 decrease, if it is greater than the Profit Breakeven your Profit will decrease. You can input an Estimated Client Number Change Percentage to forecast the Revenue, Profit and Client Numbers for your business for the full range of current and proposed billing structure combinations. Full results are displayed in easy to interpret Charts and Table format. Details displayed include Revenue, Profit, and Client Numbers.
Tell us your experience with Billing Model Excel40
RELATED PROGRAMS Our Recommendations
Free AIA Billing Software FREE 100% Free AIA Billing Software for constuction companies print on G702 and G703. Developed by construction professional. No registration required, No Spyware, No Malware, Unlimited Jobs, Unlimited Invoices, No Restrictions. If you are tired of creating AIA billing applications in excel or by... Download
Auto Repair Invoice Template FREE As a small business you may not need a fully featured invoicing system. This free invoice template is designed for auto body repair business, collision repair business or mobile refinisher business. The invoice template is in Excel format, so you can easily add your own logo image, company... Download
Excel Invoice Manager Enterprise TRIAL This is billing software that solves your billing headaches with true what-you-see-is-what-you-get Excel invoice templates and backend databases. Combining the power of Microsoft Excel with backend databases, Excel Invoice Manager allows you to easily manage your customers, products, invoices... Download