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Revenue Cycle Management
Billing and Collection services for office-based practices has traditionally been accomplished in one of two ways: either a practice made the investment in staff and technology to do its own billing, or the practice contracted with an outsourced provider of billing and accounts receivable management services.
There are two models of companies offering revenue cycle management solutions to physician practices: those that sell billing and management software and those that provide a fully out-sourced RCM solution.
Software vendors typically offer on-site, office-based solutions that require significant upfront expenses for hardware and software and on-going service contracts that provide software support and upgrades. The outsourced vendors package the software and technology into a global solution. Their fees are most commonly based on either a fixed amount or a percentage of collections.
Since 1985, MDmanagement has developed practical experience in the oversight and management of the entire billing and accounts receivable process. No one company is more qualified to provide comprehensive practice management solutions to physician offices.
While many companies have narrowly focused areas of strength and specific competence, MDmanagement stands alone in our ability to design a comprehensive solution, meeting specific requirements of your vein practice.
MDmanagement’s Board of Directors, comprised of Physicians, MBA’s, CPA’s, CPC’s, and seasoned Practice Administrators represent extensive clinical experience and professionally accredited skills in the country. MDmanagement’s management team has demonstrated expertise in finance, revenue cycle management, marketing, practice management, site selection & lease negotiations, space plan designs and physician compensation formulas.
THINKING OF OUTSOURCING YOUR REVENUE CYCLE MANAGEMENT AND OVERSIGHT, CALL MDmanagement TODAY, YOU WILL BE GLAD YOU DID!