Ingenious Med Forms Multiple Billing Company Partnerships to Market Inpatient Practice Management Solutions
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ATLANTA, Oct. 2 / -- Ingenious Med (IM) announces new strategic partnerships with three more billing companies in Q3 2007. Doctors Resource Specialists, Diablo Medical Billing, Inc., and Healthcare Business Resources, Inc. join IM's existing group of billing companies that realize the cost savings and increased revenues associated with client usage of Ingenious Med's IM Practice Manager(TM). Each of these billing companies is committed to effectively managing inpatient physician practices and prefers to handle billing for groups utilizing IM's web-based practice management system.
Julie Serbin, Vice President of Doctors Resource Specialists, has over 7 groups who are clients of Ingenious Med. Serbin notes that IM has helped her practice expand the reach of their services. "The information transfer is robust, yet extremely easy -- you don't have to deal with mail or faxes." Serbin's group has expanded to additional states in what Serbin describes as a "quick and seamless effort." In describing the benefits of IM Practice Manager(TM), she states "prior to IM Practice Manager(TM), I would sometimes get a month's worth of charges at a time making things extremely difficult from a management perspective. It was difficult to read physician writing, codes were duplicated or sometimes even invalid." IM Practice Manager(TM) eliminated these problems allowing DRS to dedicate fewer billing resources to process charges.
Damon Mills, Vice President of Praxis Medical Management, an existing Ingenious Med business partner, describes the partnership benefits, "One of the things we do is track the full stay of the patient. We can check charges to make sure that we have a charge for every day of stay. Ingenious Med allows us to do that by offering multiple reports, which contain the information that we need." Mills adds, "We are able to track where there are holes. Groups choosing IM Practice Manager(TM) would definitely see a decrease in denials." The use of IMBILLS has allowed Praxis Medical Management to pass along such cost savings to their customers.
Debbie Donley, General Manager at Diablo Medical Billing Inc., does the billing for Inpatient Management Medical Group, a national inpatient physician group currently using IM Practice Manager(TM). Donley says that Ingenious Med benefits her with "tremendous time savings, in terms of data entry." Donley utilizes IM Practice Manager's communications tools to improve her workflow, and "answer any coding or billing-related questions that the doctors may have." According to Donley, "We can provide faster turnaround with IM Practice Manager(TM), since I can enter charges daily rather that weekly, which is what we used to do prior to Ingenious Med." In addition IM Practice Manager(TM) allows Debbie to communicate better with patients. Donley states, "If a patient has specific questions on claims, I can access the IM database to review information instantly. That's a nice tool to have."
Sheila Rogers, Vice President of Operations of Healthcare Business Resources -- a billing company serving PrimeDoc, which is a national hospitalist company who is also a client of Ingenious Med -- enjoys the integration capabilities of IM Practice Manager(TM). Rogers notes that because "all information, including demographics and charges, are downloaded into our system, Ingenious Med has eliminated the data entry step." Not only does this efficiency save time, but automatic data entry also reduces the risk of errors in bills and lost bills. Rogers states, "Ingenious Med's bi-directional integration services allow data to flow to and from IM Practice Manager(TM) which integrates with other systems your practice must use such as hospital information systems, electronic medical records, and billing software."
"These partnerships create a win-win situation for the client, the billing company and Ingenious Med," states Steven Liu, MD, CEO of Ingenious Med. "We aggressively pursue partnerships with billing companies because there are significant inefficiencies that billing companies and Ingenious Med can collaboratively address for the client, which result in add additional revenue for everyone. I'm excited about the opportunity to work more closely with our new business partners."
About DRS Billing
Doctors' Resource Specialists (DRS) is a unique Medical Billing, Medical Coding & Reimbursement Consulting Company dedicated to providing practices with the latest information and best services available in medical billing, reimbursement, and accounts receivable management. DRS has grown exponentially over the last 8 years. For more information please visit www.drs-az.com/ or call 602.439.6780.
About Diablo Medical Billing, Inc.
Diablo Medical Billing, Inc is a full service medical billing company providing services to physician groups, individual practices and clinics throughout California. Started in 1987, Diablo Medical Billing provides a wide range of services such as medical billing, accounts receivable management, new physician practice startup, practice management, insurance contracting and more. For more information please visit www.diablomed.com/ or call 925 634 9704.
About Healthcare Business Resources, Inc
Healthcare Business Resources, Inc. is dedicated to providing clients with a results oriented coding, billing and collection processes. Founded in 1979, HBR currently bills over three million visits annually at over 100 practice sites. HBR has grown to employ more than 500 people serving clients in 12 states. For over the past quarter century, HBR has grown into one of the most comprehensive medical billing companies in the country. For more information please visit www.hbr-inc.com/ or email info@hbr-inc.com.
About Praxis Medical Management
Praxis is a medical billing and practice management company committed to increasing physician revenues through billing and collections processing and revenue optimization services for both hospital-based and private practice physicians. By leveraging excellent client service, advanced technology and flexible, effective processes, Praxis helps clients improve the bottom line. For more information please visit www.praxismedical.net/ or call 210 521 2544.
About Ingenious Med
Ingenious Med was founded in 1999 by a group of practicing hospitalist leaders and has a customer base comprising thousands of active licenses in over 400 facilities across the US. Ingenious Med is the only provider in the nation exclusively devoted to inpatient and mobile practice management solutions. The company's largest market is hospitalists; however, other specialty groups have increasingly been choosing Ingenious Med as their practice management solution. For more information on Ingenious Med, visit www.ingeniousmed.com/ or call (404)-815-0862.
Web site: www.ingeniousmed.com
http://www.drs-az.com
http://www.diablomed.com
http://www.hbr-inc.com
http://www.praxismedical.net
Source: Ingenious Med
CONTACT:Jennifer Errico of Ingenious Med, +1-678-336-1726, jerrico@ingeniousmed.com
