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Billing Services Procurement Research Report | Published: Feb 2017

Helping businesses make better purchasing decisions, faster

Billing Services: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Billing Services Procurement Research Report provides the latest price data and the factors underpinning price movements, such as input costs and external demand drivers. The report identifies the leading suppliers of Billing Services and offers a strategic analysis of the key factors influencing the way the procurement market works. Data forecasts also accompany our analysis so your company can make purchasing decisions with confidence.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 13-16
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 16-19
Price Change
Billing Services - Recent Price Trend

The price of billing services has increased an estimated 0.3 percentage points in the three years to 2016. Growth in rates has been motived by a surge in demand for these services. Still, the magnitude of the growth in the price of billing services has not been substantial, aiding buyer power.As interest rates have remained low, new businesses have been able to borrow capital at a cheaper cost in... purchase to read more

Billing Services - Total Cost of Ownership

The total cost of ownership for billing services is low, and as such buyers can expect to pay less than 50.0% of the benchmark price per year for additional fees. Most suppliers of billing services charge no additional fees beyond the percentage of billings collected. This percentage-based pricing model is used specifically so that billing services providers are incentivized to collect as much of... purchase to read more


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of billing services. Suppliers collect invoice information from buyers and generate bills on their behalf. Additionally, vendors collect bill payments from the buyer’s clients and pursue the payment of denied or delinquent bills. The collected payments are then remitted back to the buyer. The majority of billing services are for medical services. This report does not include medical coding or debt collection services.

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