md technologies power point 07222010

8/8/2019 MD Technologies Power Point 07222010

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HEALTHCARETECHNOLOGY &

SERVICE SOLUTIONS

And Its Subsidiary



Wher e healthcar e and technologyconverge



Convergence = one solution for totalpractice management



Solutions

� Revenue Cycle Management (RCM)

� Practice Management System: Medtopia�

Manager

� Electronic Medical Records

� Mobile Charge Captur e� Document Management

� Softwar e Time Shar e Available



RCM Services� Provided by our subsidiary MGSI

� Same management team for 14 years

� Rated among top 10% RCM companies in the country

� Consistently performs at levels superior to industrystandards

� Nationwide

service

� Multi specialty and stand alone facilities experience

� Coding, billing, A/R Management experience acrossall payers



Benefits� Incr eases r evenue and profitability

� Minimizes government audits

� Reduces / eliminates softwar e expense

� Accelerates cash flow

� Re

allocate

billing de

partme

nt space

� Keeps providers/managers in the know



Incr eases Revenue and Profitability

� Prof essional billers and certified codersmaximizes r eimbursement

� Reduces days in A/R

� Reduces salary and benefits expense

� Substantially incr ease

s r eve

nue

withoutincr easing patient encounters



� Claims electronically submitted daily

� Mor e accurate first time billing

� Appropriate coding for all services r ender ed

� Average days in A/R ar e r educed

� Timely claims follow-up

� Timely r esolution of denials and appeals

Accelerates Cash Flow



Medtopia�

Manager � MD Technologies Proprietary Practice ManagementSystem

� Deliver ed over the Internet (web based)

� Electronic submissions and r emits

� 24 hour access

� Low monthly subscription f ee

� Full billing andcollec

tioncapability

� HIPAA Compliant

� Hosted in secur e off-site data facility

� Excellent customer support



Electronic Medical Records� Seamless integration with our practice

management systems

� Full individual patient medical r ecord

� Enhances provider productivity andefficiency

� All data secur ed and HIPAA compliant

� Minimizes government audits



Mobile Charge Captur e� Interfaces with Medtopia

�

Manager and Misys

� All data exchange secur ed

� Excellent for hospital physician services

� Operates on Blackberry and select Palmdevices

� Accelerates r eimbursement� Partnership with PMD Soft



Document Management

� Eliminate paper files

� All data secur ed and stor ed at an off-site secur ed facility

� Web based, user friendly, quick sear ches

� Cost eff ective and highly efficient� Partnership with eBridge Solutions



FAQs



Why outsour ce?� Incr eases and maximizes billing r evenue

� Prof essional certified coders and billing

experts incr ease both the amount and the timeliness of payment

� Days to collect substantially better thannational average

� Practices outsour cing billing and collectionsdo experience a r eduction in expenses



Respondents to MGMA survey notedthat the use of a billing companyachieved the following r esults:

Sour ce: Medical Group Management Assoc. July 2008 Study

� 72.7% r eported r eduction in AR

� 72.7% r eported improvement in collection rate

� 59.1% r eported a decr ease in lost or denied claims

� 45.5% r eported an incr ease in staff productivity� Reported a better understanding of practice

financial and physicians performance



Why should I choose MGSI as mybilling and collection company?

� Over 1 billion dollars collected

� A/R collection cycle substantially better than the national average

� Multi-specialty experience

� HIPAA Compliant

� Certified Coders� Experienced Staff that is continuously educated on

latest r eimbursement changes

� Nationwide Coverage



What ar e the other benefits?� We r emove 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

� Fr ees up Administrative Staff time allowing the practice to run even mor e efficiently

� Daily off-site secur e data backup



I have a system. Why change?

� We off er a fr ee initial practice analysis to

de

te

rmine

the

be

st solution� We include the latest technology when youutilize our RCM services

� Omit the costs for softwar e upgrades and

maintenance (often $10K or mor e)



Is my data secur e?

� Access is secur ed using provencryptographic methods

� Our servers ar e located in two Tier IV datacenters

� Daily and hourly backups ar e encrypted andstor ed off-site

This Applies Only To Medtopia® Manager



How is your customer support?

� Excellent customer support

� Hours of operation: 8am to 5pm central time� No voicemail or call centers

� Friendly experienced support

r epr esentatives� Your issues ar e addr essed immediately

This Applies Only To Medtopia® Manager



RCMCase Studies

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