Common use of Servicer’s Fees Clause in Contracts

Servicer’s Fees. Servicer shall be compensated for providing a variety of services in the method outlined below: (a) Servicer is to be paid a fee of $1,500 (one thousand five hundred) per new client for establishing a new claims management account in its claims management computer system. (b) Servicer is to be paid a fee of $1,500 (one thousand five hundred) per new client for establishing a new electronic data interface between the new client's billing system and the tracking system of Servicer. (c) Servicer is to be paid a fee of $2.00 per claim posted on its tracking system. This posting process includes the entering on the tracking system of the billing charges and also entering on the tracking system the payments received from the various payors. This charge is the same if the entries are facilitated manually, or by electronic data interface posting. This charge also applies if the client provides the Servicer with billing claims that duplicate the claims that have been previously provided to the Servicer. (d) Servicer is to be paid $.15 per page copied of various documents, reports or information. (e) Servicer is to be paid a fee of a minimum charge of $200 per month for tracking and reporting on each individual client. This minimum fee is to cover the Servicer's administrative, equipment and other overhead costs.

Servicer’s Fees. Servicer shall be compensated for providing a variety of services in the method outlined below: (ai) Servicer is to be paid a fee of $1,500 (one thousand five hundred) per new client for establishing a new claims management account in its claims management computer system.; (bii) Servicer is to be paid a fee of $1,500 (one thousand five hundred) per new client for establishing a new electronic data interface between the new client's billing system and the tracking system of Servicer.; (ciii) Servicer is to be paid a fee of $2.00 (two dollars) per claim posted on its tracking system. This posting process includes the entering on the tracking system of the billing charges and also entering on the tracking system the payments received from the various payors. This charge is the same if the entries are facilitated manually, or by electronic data interface posting. This charge also applies if the client provides the Servicer with billing claims that duplicate the claims that have been previously provided to the Servicer.; (div) Servicer is to be paid $.15 (fifteen cents) per page copied of various documents, reports or information.; (ev) Servicer is to be paid a fee of a minimum charge of $200 (two hundred) per month for tracking and reporting on each individual client. This minimum fee is to cover the Servicer's administrativeAdministrative, equipment and other overhead costs.