Medical Practice Management Services Revenue and Competitors

Is your net collection percent for medical billing and collection in the 98-99% range? Are your days to collect a charge less than 35 days? Are your accounts over 120 days past due less than 10%? If you answered no to any of these question and desire to achieve these goals, along with assurance you are being paid appropriately for every patient charge and confidence that your cash flow is at its maximum, Medical Practice Management Services (MPMS), can help. MPMS’ specialty is medical billing and collections; however, offerings extend to meet many other needs. The experience and expertise of the MPMS staff is guaranteed to improve the efficiency and effectiveness of processes with a medical practice. MPMS Services: Post charges and payments Apply and monitor all payer and bad debt adjustments Submit electronic billing daily for insurance payers, and paper claims when necessary Receive payments electronically from payers when possible Process denial and return mail Follow up on unpaid insurance claims Manage self-pay collections Audit credit balances Handle collection agency interactions Address patient inquires Respond quickly to provider inquires Assist in the creation of competitive fee schedules Perform coding audits Perform documentation reviews Provide monthly reports, clearly delineating the status of accounts receivable Perform credentialing work for providers Provide payer reimbursement negotiations