I’m excited to have reopened my practice knowing that all I have to worry about is providing the best possible care for my patients!” I was so relieved they could take on many of the functions I had been counting on the urgent care facility for, such as billing, coding, and claim submission. Do I reopen my practice? Luckily, pMD made that decision easy. “When the acute care facility I was working with all of a sudden no longer had the resources to dedicate to my chronic care patients, I was faced with a tough decision. Pauline Harding, a family medicine physician. “As the world was struck by the COVID-19 pandemic, the practice of medicine changed overnight, and if it weren't for pMD, I may not be practicing medicine today,” said Dr. By utilizing the platform’s automation tools, their veteran billing specialists are able to work significantly more efficiently, accurately, and at a higher capacity. PMD proactively reduces claims denials, lag, and overhead, while making it easy for patients to understand and pay what they owe. When billing is seamless, they can focus on what really matters most: their patients.” “Doctors didn't go into medicine to become experts in billing.
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“It can be very difficult for physicians to balance taking care of patients while running a practice smoothly and optimizing revenue,” says Adam Kenney, VP of Software Engineering at pMD. Combine the high cost of denials with inadequate transparency and reporting and providers are left scratching their head trying to understand the financial health of their practices.
1 As the average hospital claim denial rate continues to trend upward, increasing to 23 percent in 2020 2, providers are leaving a tremendous amount of money on the table. $262 billion in claims were denied in 2016, translating to nearly $5 million in denials, on average, per provider. Backed by an advanced technology platform, pMD’s experts in revenue cycle management simplify practice workflows while chasing down their maximum revenue. SAN FRANCISCO, Ap(GLOBE NEWSWIRE) - pMD ®, the innovation leader in health care technology, announced they have added medical billing and collection services to their already robust solution offerings.
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