Standard Support Response Time Maintained During Triple Call Volume

Orlando, FL (PRWEB) January 31, 2012

CollaborateMD (CMD), a leading provider of cloud based medical billing and practice management software, prides itself on providing superior customer service from pre-sales through the entire life of the customer. Many have identified this as one of CMD’s differentiating factors from others in the healthcare industry providing medical billing and practice management software. The month of January has been no different, even with the crisis in the healthcare industry during the mandated transition from ANSI 4010 to ANSI 5010.

Insurance payers across the country started requiring electronic transactions to be transmitted in the new ANSI 5010 standard on January 1, 2012. The new ANSI 5010 standard contained numerous changes from the previous ANSI 4010 version and required medical billing software companies, clearinghouses, and insurance payers to modify their systems to handle the new standard.

At the start of the mandated transition to ANSI 5010, it became very clear that the healthcare industry was not fully prepared even though the government mandate was announced several years ago. As a result, claim processing issues increased during the month which caused calls into the CMD call center to triple. CMD properly projected and supported this increase in call volume based on past experience and lessons learned from previous electronic format changes in the industry. Average wait time during the peak of the issues was less than 18 seconds. The CMD team continues to be pleased with their ability to handle the increased volume with great response times to help our customers with their transition to ANSI 5010.

“I would like to commend CollaborateMD on their handling of the current 5010 challenges,” said Adrienne from River Oaks Billing Service, CMD Customer. “I greatly appreciate the status updates that are sent out to all users. More importantly, I have to personally thank the support staff and managers in their handling of each and every one of our concerns. They have all been very patient, very responsive, and very communicative in doing all that they can to assure the smoothest transition and the quickest resolutions possible”.

“During this mandated transition, other healthcare software companies had their customers on hold up to an hour and some even stopped taking new support tickets,” said Douglas Kegler, CEO and Founder, CMD. “All of our customers receive at extra no cost unlimited access to our customer phone and chat support. Our outstanding customer service was there for them, and will continue to be, during this stressful period of change.”

At this time numerous nationwide insurance payers have switched back to accepting ANSI 4010 due to the overwhelming issues in handling the new ANSI 5010 standard. Switching back to ANSI 4010 only delays the problem in dealing with the mandated ANSI 5010 standard and prolonging the agony of those involved, especially the providers.

“A lot of one or two physician medical offices across the country have been struggling during the economic downturn, just like any small business owner,” said Kegler. “Being hit with a twenty five percent reduction in expected insurance payments will hit some of these offices very hard causing them to miss payroll. Billing services will be hit next because they will be affected by the reduction in payments also. The insurance payer is the only one who isn’t affected because they will be holding onto the payments. How will they be held accountable?”

About CollaborateMD

Since 1999, CollaborateMD’s cloud-based healthcare solution has been a disruptive factor on how medical businesses manage their medical practice and medical billing. CollaborateMD’s 100% Java solution, with its simplicity, ANSI 5010 compliance, affordable monthly fees, and 99% clean claim rate allow thousands of medical providers to see a true return on investment. CollaborateMD customers enjoy fast implementation, exceptional and unlimited support and most importantly, increased office efficiency and reduced accounts-receivable. For more information, visit http://www.CollaborateMD.com or call 888.348.8457.

###

Fred Underhill
CollaborateMD
407-902-2960
Email Information

Article source: http://news.yahoo.com/collaboratemd-supports-customers-during-ansi-5010-crisis-130442090.html

Standard Support Response Time Maintained During Triple Call Volume

Orlando, FL (PRWEB) January 31, 2012

CollaborateMD (CMD), a leading provider of cloud based medical billing and practice management software, prides itself on providing superior customer service from pre-sales through the entire life of the customer. Many have identified this as one of CMD’s differentiating factors from others in the healthcare industry providing medical billing and practice management software. The month of January has been no different, even with the crisis in the healthcare industry during the mandated transition from ANSI 4010 to ANSI 5010.

Insurance payers across the country started requiring electronic transactions to be transmitted in the new ANSI 5010 standard on January 1, 2012. The new ANSI 5010 standard contained numerous changes from the previous ANSI 4010 version and required medical billing software companies, clearinghouses, and insurance payers to modify their systems to handle the new standard.

At the start of the mandated transition to ANSI 5010, it became very clear that the healthcare industry was not fully prepared even though the government mandate was announced several years ago. As a result, claim processing issues increased during the month which caused calls into the CMD call center to triple. CMD properly projected and supported this increase in call volume based on past experience and lessons learned from previous electronic format changes in the industry. Average wait time during the peak of the issues was less than 18 seconds. The CMD team continues to be pleased with their ability to handle the increased volume with great response times to help our customers with their transition to ANSI 5010.

“I would like to commend CollaborateMD on their handling of the current 5010 challenges,” said Adrienne from River Oaks Billing Service, CMD Customer. “I greatly appreciate the status updates that are sent out to all users. More importantly, I have to personally thank the support staff and managers in their handling of each and every one of our concerns. They have all been very patient, very responsive, and very communicative in doing all that they can to assure the smoothest transition and the quickest resolutions possible”.

“During this mandated transition, other healthcare software companies had their customers on hold up to an hour and some even stopped taking new support tickets,” said Douglas Kegler, CEO and Founder, CMD. “All of our customers receive at extra no cost unlimited access to our customer phone and chat support. Our outstanding customer service was there for them, and will continue to be, during this stressful period of change.”

At this time numerous nationwide insurance payers have switched back to accepting ANSI 4010 due to the overwhelming issues in handling the new ANSI 5010 standard. Switching back to ANSI 4010 only delays the problem in dealing with the mandated ANSI 5010 standard and prolonging the agony of those involved, especially the providers.

“A lot of one or two physician medical offices across the country have been struggling during the economic downturn, just like any small business owner,” said Kegler. “Being hit with a twenty five percent reduction in expected insurance payments will hit some of these offices very hard causing them to miss payroll. Billing services will be hit next because they will be affected by the reduction in payments also. The insurance payer is the only one who isn’t affected because they will be holding onto the payments. How will they be held accountable?”

About CollaborateMD

Since 1999, CollaborateMD’s cloud-based healthcare solution has been a disruptive factor on how medical businesses manage their medical practice and medical billing. CollaborateMD’s 100% Java solution, with its simplicity, ANSI 5010 compliance, affordable monthly fees, and 99% clean claim rate allow thousands of medical providers to see a true return on investment. CollaborateMD customers enjoy fast implementation, exceptional and unlimited support and most importantly, increased office efficiency and reduced accounts-receivable. For more information, visit http://www.CollaborateMD.com or call 888.348.8457.

###

Fred Underhill
CollaborateMD
407-902-2960
Email Information

Article source: http://news.yahoo.com/collaboratemd-supports-customers-during-ansi-5010-crisis-130442090.html

INDIANAPOLIS, Jan. 31, 2012 /PRNewswire/ – Kareo, Inc., the leading provider of easy and affordable cloud-based practice management and medical billing software for physicians in the United States, announced today the opening of a new sales and customer service office in Indianapolis, Indiana. The new mid-west facility will help Kareo better serve the needs of its mid-west and east coast customers and support the growth of its simple, cloud-based technology solution for managing small doctor’s offices.

“We are excited to open our new office in Indianapolis,” says Dan Rodrigues, founder and CEO of Kareo. “We decided to open a second location to better serve the needs of our rapidly growing, national customer base.  We searched for a location positioned in the Eastern Time Zone that offered a large and rich talent pool and a favorable business environment.  Indianapolis was the best fit.”

The new office is managed by Jason McDonald, National Director of Sales for Kareo, and is located in the thriving business and tech hub known as Keystone at the Crossing, on the north side of Indianapolis.  The office opens with 15 full-time sales and customer service professionals and the company plans to add more than 50 jobs at the new facility in 2012.  The new staff will focus on sales, implementation and training of new Kareo customers.

“Nothing is more exciting to me than leading a high-performance, customer-centric team within a rapidly growing technology company that is helping to improve the healthcare system in this country,” says Jason McDonald, National Director of Sales for Kareo.  “I am thrilled to build this office and expand our team here in my hometown of Indianapolis.”

The new Indianapolis office is Kareo’s second corporate facility.  Kareo’s corporate headquarters are located in Irvine, California. Kareo will be aggressively hiring in both locations throughout 2012 in order to support the explosive growth.  Kareo is already used by more than 10,000 physicians, and the company is adding hundreds of new physicians every month.  The new jobs will be added in sales, customer service, marketing and product development.  For more information, or to apply for a job at Kareo, please visit Kareo’s jobs site at www.kareo.com/about/kareo-jobs.

About Kareo

Kareo is a leading provider of easy to use, affordable, cloud-based practice management and medical billing software to thousands of physicians and hundreds of medical billing companies.  Kareo’s user-friendly and quick-to-implement solution enables physicians to get paid faster by storing patient records, verifying insurance eligibility, submitting electronic claims to insurers, posting electronic insurance payments, billing patients, managing accounts receivable, and much more.  For more information on Kareo, please visit www.kareo.com. 

 

 

Article source: http://finance.yahoo.com/news/cloud-based-medical-software-company-164600817.html

INDIANAPOLIS, Jan. 31, 2012 /PRNewswire/ – Kareo, Inc., the leading provider of easy and affordable cloud-based practice management and medical billing software for physicians in the United States, announced today the opening of a new sales and customer service office in Indianapolis, Indiana. The new mid-west facility will help Kareo better serve the needs of its mid-west and east coast customers and support the growth of its simple, cloud-based technology solution for managing small doctor’s offices.

“We are excited to open our new office in Indianapolis,” says Dan Rodrigues, founder and CEO of Kareo. “We decided to open a second location to better serve the needs of our rapidly growing, national customer base.  We searched for a location positioned in the Eastern Time Zone that offered a large and rich talent pool and a favorable business environment.  Indianapolis was the best fit.”

The new office is managed by Jason McDonald, National Director of Sales for Kareo, and is located in the thriving business and tech hub known as Keystone at the Crossing, on the north side of Indianapolis.  The office opens with 15 full-time sales and customer service professionals and the company plans to add more than 50 jobs at the new facility in 2012.  The new staff will focus on sales, implementation and training of new Kareo customers.

“Nothing is more exciting to me than leading a high-performance, customer-centric team within a rapidly growing technology company that is helping to improve the healthcare system in this country,” says Jason McDonald, National Director of Sales for Kareo.  “I am thrilled to build this office and expand our team here in my hometown of Indianapolis.”

The new Indianapolis office is Kareo’s second corporate facility.  Kareo’s corporate headquarters are located in Irvine, California. Kareo will be aggressively hiring in both locations throughout 2012 in order to support the explosive growth.  Kareo is already used by more than 10,000 physicians, and the company is adding hundreds of new physicians every month.  The new jobs will be added in sales, customer service, marketing and product development.  For more information, or to apply for a job at Kareo, please visit Kareo’s jobs site at www.kareo.com/about/kareo-jobs.

About Kareo

Kareo is a leading provider of easy to use, affordable, cloud-based practice management and medical billing software to thousands of physicians and hundreds of medical billing companies.  Kareo’s user-friendly and quick-to-implement solution enables physicians to get paid faster by storing patient records, verifying insurance eligibility, submitting electronic claims to insurers, posting electronic insurance payments, billing patients, managing accounts receivable, and much more.  For more information on Kareo, please visit www.kareo.com. 

 

 

Article source: http://finance.yahoo.com/news/cloud-based-medical-software-company-164600817.html

ORLANDO ST. LOUIS–(BUSINESS WIRE)–

Orchid
Medical Inc. announced it has formed a strategic partnership with Medical
Implant Solutions, LLC (MIS) to deliver a program that substantially
reduces the cost of implantable surgical devices to workers’
compensation payers.

The Surgical Cost Containment Program (SCCP) leverages the competency of
both companies. It employs MIS’s experience in controlling
over-utilization of implantable devices and ability to influence the
cost of the medical device through direct contracts with the
manufacturer. SCCP also leverages Orchid Medical’s proprietary OMNI™
system, along with its operational and sales expertise to deliver SCCP
to the payer cost-effectively.

“Our partner program brings the workers’ compensation industry a dynamic
solution for one of the most cost-inflated areas of medical treatment
for injured workers,” said Brian
Carwile, CEO of Orchid Medical, who notes that mark-ups on medical
implantable devices can be up to 300%, creating a major cost driver in
workers’ compensation surgical claims.

Carwile, who has spent the last 10 years delivering ancillary services
to the workers’ compensation market aimed at helping payers contain
costs, said he is excited to bring this synergistic solution to payers.

By uniting MIS’s direct contracting ability, medical expertise, hospital
relationships and billing validation capability with Orchid Medical’s
cost-effective and customer-focused delivery system, SCCP provides
medical implants at considerable savings, and without interrupting
patient care.

With over 30 years as a practicing orthopedic surgeon, George
R. Schoedinger III, MD, CEO of MIS, has devoted himself to utilizing
physician leadership to improve the quality, efficiency and
affordability of health care.

Schoedinger’s medical experience and passion is the force behind MIS’s
business model. The model focuses on reducing unnecessary expense of
implantable medical devices through lowering out-of-pocket costs, and
providing economic validation for both the implant and physician through
prospective and retrospective audits to prevent inappropriate or
incorrect billing.

“The Orchid partnership takes the MIS model one step further by engaging
a cost-efficient delivery system that aligns with my commitment to
reduce the cost of surgery prevalent in workers’ compensation injuries,”
he said.

Photo links

http://estesandcompany.com/images/GeorgeRSchoedingerIIICEOofMIS.jpg

http://estesandcompany.com/images/BrianCarwile-OrchidMedicalCEO.jpg

Orchid
Medical, headquartered in Orlando, Fla., is a nationwide
ancillary healthcare service company specializing in the workers’
compensation market. The company is known for its high level of
efficiency and standards of quality care solutions that expedite
successful outcomes for injured workers. Orchid’s range of ancillary
medical services includes DME,
Orthotics Prosthetics, Home Health Care, Diagnostic Imaging and
Physical Therapy. The company utilizes OMNI™, an advanced
web-based technology that, among other benefits, allows case managers,
adjusters, physicians, etc. to track workloads, cost savings and
turnaround time.

Medical
Implant Solutions, LLC (MIS), based in St. Louis, MO,
specializes in medical
cost containment that meets today’s challenging medical
marketplace through a business model that provides significant savings
in the care of patients requiring medical device implants ? particularly
those with orthopedic surgical needs.

Article source: http://finance.yahoo.com/news/orchid-medical-medical-implant-solutions-193000478.html

PSS World Medical Inc. reported its results for the third quarter. PSS World Medical is a national distributor of medical products and equipment, pharmaceutical products, healthcare information technology, and billing services to alternate-site healthcare providers.

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

PSS World Medical Earnings Cheat Sheet for the Third Quarter

Results: Net income for PSS World Medical Inc. rose to $20.1 million (38 cents per share) vs. $19.5 million (35 cents per share) in the same quarter a year earlier. This marks a rise of 2.8% from the year earlier quarter.

Revenue: Rose 3.5% to $527.7 million from the year earlier quarter.

Actual vs. Wall St. Expectations: PSSI fell short of the mean analyst estimate of 39 cents per share. It fell short of the average revenue estimate of $540 million.

Quoting Management: President and Chief Executive Officer, Gary A. Corless, commented, “We continue to see lower utilization of the nation’s healthcare system in this prolonged economic slowdown, as evidenced by fewer visits to primary care physicians. This year’s flu season, to date, has also been lighter than expected, based on historical patterns. These factors, along with others, resulted in lower third quarter revenue growth than we expected. Combined with anticipated fourth quarter costs and expenses related to recent acquisitions, we are lowering our fiscal year 2012 EPS goal to $1.43 – $1.44.”

Key Stats:

The company has now seen net income rise in three straight quarters. In the second quarter, net income rose 2.4% and in the first quarter, the figure rose 3.2%.

Revenue has risen the past four quarters. Revenue increased 5.2% to $521.8 million in the second quarter. The figure rose 7.3% in the first quarter from the year earlier and climbed 10.6% in the fourth quarter of the last fiscal year from the year-ago quarter.

The company fell short of estimates last quarter after being in line with expectations the quarter before with net income of 37 cents.

Looking Forward: For the next quarter, analysts are growing pessimistic about the company’s expected results. The average estimate for the fourth quarter is 43 cents per share, dropping from 44 cents a month ago. The average estimate for the fiscal year has remained at $1.44 per share.

Competitors to Watch: Henry Schein, Inc. , Chindex Intl., Inc. , Patterson Companies, Inc. , Owens Minor, Inc. , Lincare Holdings Inc. , Cardinal Health, Inc. , AmerisourceBergen Corp. .

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

(Company fundamentals provided by Xignite Financials. Earnings estimates provided by Zacks)

 

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

Article source: http://finance.yahoo.com/news/pss-world-medical-inc-earnings-140105223.html

PSS World Medical Inc. reported its results for the third quarter. PSS World Medical is a national distributor of medical products and equipment, pharmaceutical products, healthcare information technology, and billing services to alternate-site healthcare providers.

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

PSS World Medical Earnings Cheat Sheet for the Third Quarter

Results: Net income for PSS World Medical Inc. rose to $20.1 million (38 cents per share) vs. $19.5 million (35 cents per share) in the same quarter a year earlier. This marks a rise of 2.8% from the year earlier quarter.

Revenue: Rose 3.5% to $527.7 million from the year earlier quarter.

Actual vs. Wall St. Expectations: PSSI fell short of the mean analyst estimate of 39 cents per share. It fell short of the average revenue estimate of $540 million.

Quoting Management: President and Chief Executive Officer, Gary A. Corless, commented, “We continue to see lower utilization of the nation’s healthcare system in this prolonged economic slowdown, as evidenced by fewer visits to primary care physicians. This year’s flu season, to date, has also been lighter than expected, based on historical patterns. These factors, along with others, resulted in lower third quarter revenue growth than we expected. Combined with anticipated fourth quarter costs and expenses related to recent acquisitions, we are lowering our fiscal year 2012 EPS goal to $1.43 – $1.44.”

Key Stats:

The company has now seen net income rise in three straight quarters. In the second quarter, net income rose 2.4% and in the first quarter, the figure rose 3.2%.

Revenue has risen the past four quarters. Revenue increased 5.2% to $521.8 million in the second quarter. The figure rose 7.3% in the first quarter from the year earlier and climbed 10.6% in the fourth quarter of the last fiscal year from the year-ago quarter.

The company fell short of estimates last quarter after being in line with expectations the quarter before with net income of 37 cents.

Looking Forward: For the next quarter, analysts are growing pessimistic about the company’s expected results. The average estimate for the fourth quarter is 43 cents per share, dropping from 44 cents a month ago. The average estimate for the fiscal year has remained at $1.44 per share.

Competitors to Watch: Henry Schein, Inc. , Chindex Intl., Inc. , Patterson Companies, Inc. , Owens Minor, Inc. , Lincare Holdings Inc. , Cardinal Health, Inc. , AmerisourceBergen Corp. .

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

(Company fundamentals provided by Xignite Financials. Earnings estimates provided by Zacks)

 

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

Article source: http://finance.yahoo.com/news/pss-world-medical-inc-earnings-140105223.html

LAGUNA BEACH, Calif.–(BUSINESS WIRE)–

The Healthcare Billing Management Association (HBMA),
a non-profit educational resource and advocacy group representing
third-party medical billers and billing professionals, today announced
details of the association’s Annual Compliance Conference. Held at the
InterContinental Hotel in Tampa, Fla., March 6-9, 2012, HBMA’s
Compliance Conference will allow attendees to gain a deeper
understanding of pressing issues relating to compliance within the
healthcare billing industry.

“As patient privacy and security continues to be a central focus to both
healthcare professionals and federal regulatory agencies, issues of
compliance remain top of mind,” says Brad Lund, executive director of
HBMA. “This year’s Compliance Conference brings together an outstanding
faculty that will provide attendees with a deeper understanding of the
finer points of compliance and with the knowledge to enhance their own
efforts.”

The two-and-a-half day event is designed for both third-party and
first-party billers, and will feature focused instruction presented by
an expert faculty of compliance and billing industry professionals,
which include:

• Robert B. Burleigh, CHBME
• Karen L. Collier, Esq.
• Holly J. Louie, RN, CHBME, PCS
• Jeanne Gilreath, CHBME
• James B. Wieland, Esq.
• Paul Kim, Esq.
• Bill Finerfrock

Guest speaker Paul Kim will host a session on Wednesday, March 7 titled,
“CMS Exposed: An Interview with a Former Bureaucrat” which will cover
such topics as the incident-to policy, requirements for diagnostic
testing, billing issues for Medicare non-physician practitioners,
physician rules, and appealing ZPICs and RACs.

Twelve additional updated and new sessions for this year will cover a
range of topics from billing company policies to coding compliance, as
well as HBMA Director of Government Affairs Bill Finerfrock’s popular
and informative “Washington Update” session providing the latest updates
on pending legislation and regulations affecting the billing community.
The lineup also includes a special “Stump the Faculty” panel wrap-up
session in which attendees can submit questions directly to the panel
for immediate discussion.

To learn more or register for the HBMA 2012 Compliance Conference,
please visit the conference
website.

About HBMA

A non-profit, member-led trade association, the Healthcare Billing
Management Association (HBMA) represents more than 30,000 employees at
well over 700 third-party medical billing firms. Annually, HBMA
companies submit more than 350 million initial claims on behalf of
hospital-based physicians, office-based physicians and other allied
healthcare providers. Founded in 1993, HBMA and its members foster
personal development, advocate on the behalf of the profession, and
promote cooperation through a wide range of business resources,
educational events, networking opportunities, certification programs and
adherence to the Medical Biller’s Code of Ethics. As the only trade
association representing the interests of medical billers in Washington
D.C., HBMA works with legislative stakeholders and federal agencies to
improve the business of medical billing and the practice of healthcare.
Learn more about how HBMA is elevating the medical billing profession at www.hbma.org.

Article source: http://finance.yahoo.com/news/healthcare-billing-management-association-announces-141100039.html

LAGUNA BEACH, Calif.–(BUSINESS WIRE)–

The Healthcare Billing Management Association (HBMA),
a non-profit educational resource and advocacy group representing
third-party medical billers and billing professionals, today announced
details of the association’s Annual Compliance Conference. Held at the
InterContinental Hotel in Tampa, Fla., March 6-9, 2012, HBMA’s
Compliance Conference will allow attendees to gain a deeper
understanding of pressing issues relating to compliance within the
healthcare billing industry.

“As patient privacy and security continues to be a central focus to both
healthcare professionals and federal regulatory agencies, issues of
compliance remain top of mind,” says Brad Lund, executive director of
HBMA. “This year’s Compliance Conference brings together an outstanding
faculty that will provide attendees with a deeper understanding of the
finer points of compliance and with the knowledge to enhance their own
efforts.”

The two-and-a-half day event is designed for both third-party and
first-party billers, and will feature focused instruction presented by
an expert faculty of compliance and billing industry professionals,
which include:

• Robert B. Burleigh, CHBME
• Karen L. Collier, Esq.
• Holly J. Louie, RN, CHBME, PCS
• Jeanne Gilreath, CHBME
• James B. Wieland, Esq.
• Paul Kim, Esq.
• Bill Finerfrock

Guest speaker Paul Kim will host a session on Wednesday, March 7 titled,
“CMS Exposed: An Interview with a Former Bureaucrat” which will cover
such topics as the incident-to policy, requirements for diagnostic
testing, billing issues for Medicare non-physician practitioners,
physician rules, and appealing ZPICs and RACs.

Twelve additional updated and new sessions for this year will cover a
range of topics from billing company policies to coding compliance, as
well as HBMA Director of Government Affairs Bill Finerfrock’s popular
and informative “Washington Update” session providing the latest updates
on pending legislation and regulations affecting the billing community.
The lineup also includes a special “Stump the Faculty” panel wrap-up
session in which attendees can submit questions directly to the panel
for immediate discussion.

To learn more or register for the HBMA 2012 Compliance Conference,
please visit the conference
website.

About HBMA

A non-profit, member-led trade association, the Healthcare Billing
Management Association (HBMA) represents more than 30,000 employees at
well over 700 third-party medical billing firms. Annually, HBMA
companies submit more than 350 million initial claims on behalf of
hospital-based physicians, office-based physicians and other allied
healthcare providers. Founded in 1993, HBMA and its members foster
personal development, advocate on the behalf of the profession, and
promote cooperation through a wide range of business resources,
educational events, networking opportunities, certification programs and
adherence to the Medical Biller’s Code of Ethics. As the only trade
association representing the interests of medical billers in Washington
D.C., HBMA works with legislative stakeholders and federal agencies to
improve the business of medical billing and the practice of healthcare.
Learn more about how HBMA is elevating the medical billing profession at www.hbma.org.

Article source: http://finance.yahoo.com/news/healthcare-billing-management-association-announces-141100039.html

<!–Saxotech Paragraph Count: 11
–>

NANUET — A Rockland County medical group already suspected of overcharging a health insurance plan for state employees by more than $600,000 actually owes an additional $352,000, according to a state audit released Wednesday.

Nanuet Medical Services, which was formerly at 7 College Ave., Nanuet, billed United HealthCare at an inappropriate rate for a pain control treatment, according to an audit conducted by state Comptroller Thomas DiNapoli.

A 2009 audit found that the medical practice improperly billed United HealthCare, which provides health coverage for state workers. The claims were paid on behalf of state and municipal employees who are insured under United’s Empire plan.

The audit found that providers at Nanuet Medical Services gave patients routine physical therapy services, but billed the state insurance program — New York State Health Insurance Program — for a much more expensive pain-control procedure called transcutaneous electrical nerve stimulation, or TENS.

“In some instances, the state paid up to $260 for a procedure that should have cost $8.50,” the report said.

The state originally recommended that United HealthCare seek reimbursement from the medical practice of $601,604 paid on more than 4,000 claims, according to the audit.

After that audit, an investigation by United HealthCare identified an additional 1,678 claims paid for TENS, which resulted in a payment of $359,696.

The audit said the insurer is now seeking $961,300 in repayment from Nanuet Medical.

Nanuet Medical Services was owned and operated by Dr. Linda Bierdumpfel-Bihari.

The office, which was staffed by numerous physicians and chiropractors, is no longer on College Avenue.

A telephone call to the practice referred callers to another telephone number, which no one answered.

Article source: http://www.lohud.com/article/20120126/NEWS03/301260054

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