BROCHURE: MD Technologies, Inc.: Your Medical Billing Outsourcing Partner

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With all of the challenges facing physicians these days, patient care still remains the top priority. As your one- stop shop for specialized technology and RCM services, MD Technologies Inc. enables you to focus on providing excellent patient care. MD Technologies’ services include establishing fee structures, implementing customized billing protocols and providing coding assistance, just to name a few. Plus, we offer the technical expertise and business insight to assist in managing your practice and planning for future growth. For further information on how MD Technologies Inc. can help you do what you do best, contact us at 1-800-290-1657 or visit us online at www.mdtechnologies.com. Billing and Collections Get What You Deserve Sooner Did you know that, on average, medical practices are underpaid approximately 14% to 23% of their gross revenues? That translates into $30,000 to $50,000 per physician annually. Don’t let this happen to you. MD Technologies’ expertise in providing medical billing services, certified coding and our in-depth knowledge of the associated rules and processes enhances our ability to maximize your reimbursement. We file claims electronically resulting in a faster turnaround time, which means you get paid for your hard work sooner and at the highest rate allowable. Plus our overall average days to collect rate is significantly lower than the national average, thereby improving your profit margin and cash flow. In addition, MD Technologies’ experienced staff can handle reimbursement issues with all major insurers including Medicaid, Medicare, Tricare, Managed Care, Worker’s Compensation, automotive insurance and others. Healthcare Technology and Service Solutions

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Quick view tri-fold brochure. Outsource your medical billing for maximum reimbursements and minimizing claims processing errors. MD Technologies can help!

Transcript of BROCHURE: MD Technologies, Inc.: Your Medical Billing Outsourcing Partner

Page 1: BROCHURE: MD Technologies, Inc.: Your Medical Billing Outsourcing Partner

With all of the challenges facing

physicians these days, patient care still

remains the top priority. As your one-

stop shop for specialized technology

and RCM services, MD Technologies

Inc. enables you to focus on providing

excellent patient care.

MD Technologies’ services include

establishing fee structures,

implementing customized billing

protocols and providing coding

assistance, just to name a few. Plus,

we offer the technical expertise and

business insight to assist in managing

your practice and planning for future

growth.

For further information on how

MD Technologies Inc. can help you

do what you do best, contact us at

1-800-290-1657 or visit us online at

www.mdtechnologies.com.

Billing and CollectionsGet What You Deserve Sooner

Did you know that, on average, medical

practices are underpaid approximately 14% to

23% of their gross revenues? That translates

into $30,000 to $50,000 per physician

annually. Don’t let this happen to you.

MD Technologies’ expertise in providing

medical billing services, certified coding and

our in-depth knowledge of the associated

rules and processes enhances our ability to

maximize your reimbursement.

We file claims electronically resulting in a faster

turnaround time, which means you get paid

for your hard work sooner and at the highest

rate allowable. Plus our overall average days

to collect rate is significantly lower than the

national average, thereby improving your profit

margin and cash flow.

In addition, MD Technologies’ experienced staff

can handle reimbursement issues with all major

insurers including Medicaid, Medicare, Tricare,

Managed Care, Worker’s Compensation,

automotive insurance and others.

HealthcareTechnologyandServiceSolutions

Page 2: BROCHURE: MD Technologies, Inc.: Your Medical Billing Outsourcing Partner

RCM ServicesBenefits and Services

• 80%-85% claims collected in first sixty days• Low average days to collect• Proprietary claims scrubbing before

submission of claims• Authorization and eligibility tracking• In-depth knowledge of rules and processes• Electronic claim transmission and receipts• Management reporting• Procedure/diagnosis analysis by certified

coders• File management and maintenance• Fraud and abuse tracking• Certified coders and error tracking• Compliance checking• Online automated appeals process• Tracking, monitoring and follow-up• Offsite secure data backup• Secure transmission/transaction• Accounts receivable recovery• Patient scheduling and management

Medtopia® Manager• Web based ASP Practice Management

Software• 24 hour access• User friendly• In-House billing solutions• Excellent customer support• Low monthly subscription fee• No capital expenditure

Accounts Receivable RecoveryFree up your Staff and Unlock Cash

Often, a practice’s billing staff is continually processing new claims while not having time to properly collect on older accounts. Our well-trained, experienced team members perform this service for you, timely, efficiently and accurately.

First we review your claims adjustment policy, identifying which claims need to be written off.

Then our experienced analysts identify claims that are uncollectible or instances where the carrier has underpaid. Plus, by utilizing electronic filing, we are able to file claims accurately on a daily basis, dramatically reducing turnaround time on collection. In some instances, we even purchase your aged receivables.

Our team provides the expertise and proper resources necessary to perform a comprehensive collection effort allowing you to focus on your profession.

Financial Services Accelerate Cash Flow

MD Technologies’ family of financial programs and systems offers a high and efficient use of technology to maximize your practice’s cash flow and profitability.

Accounts Receivable FinancingThis innovative and beneficial program provides for a non-recourse cash advance of up to 80% of your eligible accounts receivable. Rates are based on the prime lending rate.

Special Purpose LeasesSpecialized financing is available for acquisition of equipment used in your practice.

Cash ManagementSpecially designed cash management programs are available that automatically cover temporary shortfalls and use excess funds to either pay down lines of credit or invest in short term money market vehicles. This program not only maximizes profit by increasing interest income and reducing interest expense, but also gives the physician peace of mind by eliminating the worry of cash flow fluctuations.

HealthcareTechnologyandServiceSolutions