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HEALTHCARE TECHNOLOGY & SERVICE SOLUTIONS And Its Subsidiary

Md technologies powerpoint_presentation

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This presentation is an overview of the products (Medtopia) and services (RCM) offered by MD Technologies Inc.

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Page 1: Md technologies powerpoint_presentation

HEALTHCARE TECHNOLOGY &

SERVICE SOLUTIONS

And Its Subsidiary

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Where healthcare and technology converge

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Convergence = one solution for total practice management

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Solutions

• Revenue Cycle Management (RCM)

• Practice Management System: Medtopia Manager

• Electronic Medical Records

• Mobile Charge Capture

• Document Management

• Software Time Share Available

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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

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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

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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

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• 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

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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

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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

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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

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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

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FAQs

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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

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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

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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

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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

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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)

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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

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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

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RCMCase Studies

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