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PROVEN HEALTHCARE SERVICE SOLUTIONS

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Medical Group Services PROVEN HEALTHCARE SERVICE SOLUTIONS Synchronizing the world of Healthcare Total Solution for Practice Management & EMR Solutions Revenue Cycle ... – PowerPoint PPT presentation

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Title: PROVEN HEALTHCARE SERVICE SOLUTIONS


1
Medical Group Services
  • PROVEN HEALTHCARE SERVICE SOLUTIONS

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 MyWay
  • Electronic Medical Records
  • Mobile Charge Capture
  • Document Management
  • Software Time Share Available

5
Practice Management Software
  • Allscripts Proprietary Practice Management
    Systems
  • 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 integration with our practice management
    systems
  • Enhances provider productivity and efficiency
  • All data secured and HIPAA compliant
  • Minimizes government audits
  • Partnership with Allscripts

7
Mobile Charge Capture
  • Interfaces with Misys Tiger
  • All data exchange secured
  • Excellent for hospital skilled nursing
    physician services
  • Operates on Blackberry and i-Phone devices
  • Accelerates reimbursement
  • Partnership with pMDsoft

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

9
RCM Services
  • Same management team for 16 years
  • Weekly interest free Advances on receivables
  • Rated among top 10 of RCM companies nationwide
  • Consistently performs at levels superior to
    industry standards
  • Nationwide service
  • Multi specialty and stand alone facilities
    experience
  • 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
  • Keeps providers/managers in the know

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

Accelerate Cash Flows
  • Get paid in seven days
  • Claims electronically submitted 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

13
FAQs
14
Why outsource?
  • Increases and maximizes billing revenue
  • Professional certified coders and billing experts
    to insure compliance with regular and timely
    payments
  • Days to collect substantially better than
    national average
  • 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
  • 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

Source Medical Group Management Assoc. July 2008
Study
16
Why should I choose MGSI as my billing and
collection company?
  • Over 1 billion dollars collected
  • A/R collection cycle substantially better than
    the national average
  • 18 years of Service
  • Multi-specialty experience
  • HIPAA Compliant
  • Certified Coders
  • Experienced Staff that is continuously educated
    on latest reimbursement changes
  • Nationwide Coverage

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
  • Daily off site secure data backup

18
I have a system. Why change?
  • We offer a free initial practice analysis to
    determine the best solution
  • We include the latest technology when you utilize
    our RCM services
  • Omit the costs for licenses, software upgrades
    and maintenance (often 15K or more)

19
Is my data secure?
  • Access is secured using proven cryptographic
    methods
  • Our servers are located in a Tier IV data center
  • Daily backups are encrypted and stored offsite

20
How is your customer support?
  • Excellent customer support
  • No voicemail or call centers
  • Friendly experienced support representatives
  • Your issues are addressed immediately

21
Case Studies
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27
  • Medical Group Services, LLC

2810 West St. Isabel Street Suite 201 Tampa,
Florida 33607 Toll Free 1 877 896
6474 info_at_mgsionline.com
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