Key statistics for independent medical practice vendor decisions

Fully loaded cost of collection at independent physician practices

6% – 12% of net collections

Typical outsourced RCM percentage fee for a small practice

4% – 9% of net collections

Target first-pass claim acceptance rate

≥ 95%

Target net collection rate against contracted allowables

≥ 95%

Healthy initial claim denial rate for independent practices

5% – 10%

Target days in accounts receivable

< 40 days

Target percentage of A/R aged over 90 days

< 15% – 20%

Typical commercial-payer enrollment timeline

60 – 120 days

Medicare enrollment (PECOS) processing target

45 – 90 days

State Medicaid enrollment window — meaningful variance by state

60 – 180+ days

Per-provider credentialing service fee (initial enrollment)

$200 – $500 per payer

Cloud EHR + PM cost per provider per month (independent practice)

$300 – $700 PPPM

Typical implementation / go-live window for a small practice

60 – 120 days

Realistic EHR migration timeline (contract → stable production)

6 – 9 months

Ambient AI scribe per-provider list price

$99 – $399 PPPM

Physician time saved on documentation with ambient AI scribes (reported)

0.5 – 1.5 hours per day

Target draft-note availability after visit close

< 5 minutes

Typical MSO / practice-management fee

5% – 15% of net collections

Typical practice-consultant day rate

$1,500 – $3,500 / day

US physicians employed by hospitals or corporate entities rather than in independent practice

≈ 77.6% (hospital- or corporate-employed)

Share of US physicians in practices of 10 or fewer physicians

≈ 42%

Physicians reporting EHR documentation as a leading burnout driver

≈ 60%