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PROVEN HEALTHCARE SERVICE SOLUTIONS Medical Group Services.

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Presentation on theme: "PROVEN HEALTHCARE SERVICE SOLUTIONS Medical Group Services."— Presentation transcript:

1 PROVEN HEALTHCARE SERVICE SOLUTIONS Medical Group Services

2 Synchronizing the world of Healthcare

3 Total Solution for Practice Management & EMR

4 Solutions Revenue Cycle Management (RCM) Practice Management Systems: Allscripts Misys Tiger & Optum Caretracker Electronic Medical Records Mobile Charge Capture Document Management Software Time Share Available

5 Practice Management Software Delivered over the Internet Electronic submissions and remits 24 hour access Full billing and collection capability HIPAA Compliant Hosted in secure offsite data facility Excellent customer support

6 Electronic Medical Records Seamless HL7 interface available with our practice management systems CCHIT certified, meets meaningful use E-prescribing available Enhances provider productivity and efficiency Partnership with Allscripts & Caretracker

7 Mobile Charge Capture Interfaces with Allscripts & Caretracker All data exchange secured Excellent for hospital & skilled nursing physician services Operates on smart devices Accelerates reimbursement Partnership with pMDsoft

8 Document Management Web based, user friendly, quick searches All data secured and stored at an offsite secured facility Eliminate paper files Highly efficient

9 RCM Services Same management team for 18 years Ranked among top 10% of RCM companies nationwide Consistently performs at levels superior to industry standards All specialties and stand alone facilities Coding, billing, A/R Management experience across all payers

10 The Total Solution Increases revenue and profitability Stabilize cash flow and/or improve cash management Minimizes government audits Reduces / eliminates software expense Reallocate billing department space ICD 10 Ready

11 Increases Revenue Professional billers and certified coders maximizes reimbursement Reduces days in A/R Reduces salary and benefits expense Substantially increases revenue without increasing patient encounters

12 Claims & payment electronically transmitted daily More accurate first time billing Appropriate coding for all services rendered Average days in A/R are reduced Timely claims follow-up Timely resolution of denials and appeals Accelerate Cash Flows

13 FAQs

14 Why outsource? Increases and maximizes billing revenue Professional certified coders and billing experts to insure compliance with regular and timely payments Practices outsourcing billing and collections do experience a reduction in expenses

15 Respondents to MGMA survey noted that the use of a billing company achieved the following results: Source: Medical Group Management Assoc. July 2008 Study Days in AR reduced by 72.7% Improved collection rate by 72.7% Lost or denied claims decreased by 59.1% Staff productivity has increased by 45.5% Better understanding of practice financial and physicians performance

16 Why should I choose MGSI as my billing and collection company? Over 1.5 billion dollars collected A/R collection cycle substantially better than the national average 22 years of Service Multi-specialty experience HIPAA Compliant Certified Coders Experienced Staff that is continuously educated on latest reimbursement changes

17 What are the other benefits? We remove the burden of the billing departments turnover, training, continuing education, supervision and fluctuations in the volume of work Removes the practice from the Information Technology chase as MGSI provides the practice with the latest Practice Management Systems Frees up Administrative Staff time allowing the practice to run even more efficiently Servers located off in secured off site data center

18 Is my data secure? Access is secured & tested annually to meet Omnibus / PHI requirements Our servers are located in a Tier IV data center Daily / monthly backups are encrypted and stored offsite

19 Case Studies

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25 Medical Group Services, LLC 2810 West St. Isabel Street Suite 201 Tampa, Florida Toll Free:


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