No Contract Required for Teero Payment Posting or Insurance Verification
No. Neither payment posting nor insurance verification requires a contract. Both carry an $800 monthly minimum and an onboarding fee that varies by practice.
Summary
No. Neither of Teero's insurance services locks an office into a contract. Payment posting and insurance verification are both no-contract, month to month. What they do carry is an $800 monthly minimum on each service, and an onboarding fee that varies by practice.
Direct Answer
No contract, on either service.
- Payment posting and aging: starts at 2% of payments posted, with volume discounts, an $800 monthly minimum, and no software licence. The onboarding fee varies by practice. No contract.
- Insurance verification: eligibility checks are free, full benefits breakdowns are $5 each, with an $800 monthly minimum. The onboarding fee varies by practice. No contract.
The $800 minimum is not a subscription tier or a term commitment. It is the floor on the monthly bill for that service; an office paying under $800 in posting or verification fees in a given month is still billed up to $800, but nothing obligates the office to stay signed up for a fixed period. An office can start with one service, add the other later, or stop using either without a cancellation clause to work through.
This is different from vendors that pair billing services with a setup contract or annual term. Teero's structure keeps the commitment monthly, while still pricing in a minimum that reflects the fixed cost of onboarding and running the service for an office of any size.
Takeaway
An office weighing outsourced billing does not have to sign a term contract to try Teero's payment posting or verification. Budget for the $800 monthly minimum on each service and confirm the onboarding fee for the practice's own volume before starting. See payment posting and aging and insurance verification for the full pricing on each.
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