MD Technologies, Inc.: Your Medical Billing Outsourcing Partner

HEALTHCARE TECHNOLOGY &

SERVICE SOLUTIONS

And Its Subsidiary

Where healthcare and technology converge

Convergence = one solution for total practice management

Solutions

• Revenue Cycle Management (RCM)• Practice Management System: Medtopia

Manager• Electronic Medical Records• Mobile Charge Capture• Document Management• Software Time Share 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 industry

standards • Nationwide service• Multi specialty and stand alone facilities experience• Coding, billing, A/R Management experience across

all payers

Benefits• Increases revenue and profitability • Minimizes government audits• Reduces / eliminates software expense• Accelerates cash flow• Reallocate billing department space• Keeps providers/managers in the know

Increases Revenue and Profitability• Professional billers and certified coders

maximizes reimbursement• Reduces days in A/R• Reduces salary and benefits expense• Substantially increases revenue without

increasing patient encounters

• 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

Accelerates Cash Flow

Medtopia Manager• MD Technologies Proprietary Practice Management

System• Delivered over the Internet (web based)• Electronic submissions and remits• 24 hour access• Low monthly subscription fee• Full billing and collection capability• HIPAA Compliant • Hosted in secure off-site data facility• Excellent customer support

Electronic Medical Records• Seamless integration with our practice

management systems• Full individual patient medical record• Enhances provider productivity and

efficiency• All data secured and HIPAA compliant• Minimizes government audits

Mobile Charge Capture• Interfaces with Medtopia

Manager and Misys

• All data exchange secured• Excellent for hospital physician services • Operates on Blackberry and select Palm

devices• Accelerates reimbursement • Partnership with PMD Soft

Document Management

• Eliminate paper files• All data secured and stored at an off-site

secured facility• Web based, user friendly, quick searches• Cost effective and highly efficient• Partnership with eBridge Solutions

FAQs

Why outsource?• Increases and maximizes billing revenue• Professional certified coders and billing

experts increase both the amount and the timeliness of payment

• Days to collect substantially better than national average

• Practices outsourcing billing and collections do experience a reduction in expenses

Respondents to MGMA survey noted that the use of a billing company achieved the following results:

Source: Medical Group Management Assoc. July 2008 Study

• 72.7% reported reduction in AR • 72.7% reported improvement in collection rate• 59.1% reported a decrease in lost or denied claims• 45.5% reported an increase in staff productivity• Reported a better understanding of practice

financial and physicians performance

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• Multi-specialty experience• HIPAA Compliant• Certified Coders• Experienced Staff that is continuously educated on

latest reimbursement changes• Nationwide Coverage

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

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 software upgrades and maintenance (often $10K or more)

Is my data secure?• Access is secured using proven

cryptographic methods• Our servers are located in two Tier IV data

centers• Daily and hourly backups are encrypted and

stored 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

representatives• Your issues are addressed immediately

This Applies Only To Medtopia® Manager

RCMCase Studies