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Guarantees An Annual Net Collection
Rate* of 95% or Better!
You may not be aware that there is a way to guarantee that you receive the revenue
you’ve earned! Take advantage of this special guarantee offer and let us show you
how our Physician Billing Service can help increase your revenue.
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- We Collect More Money… We collect more money than most physicians can as evidenced by our collection ratios vs. the MGMA standards. We can GUARANTEE most clients a 95% Net Collection Ratio or we will reduce your rate for that period!
- We provide more services than many others . We work denials multiple times, if needed. We work all denials within 24 to 48 hours after receipt.
- We review "Standard Fees Schedules" during our implementation process to ensure fees are set appropriately.
- We provide a FREE annual coding audit of 10-15 charts.
- We perform an annual E&M Code Bell Curve analysis by specialty.
- We send patient statements, past-due reminders and final-notice letters and will forward accounts to outside collections if appropriate.
- A dedicated team of professionals are assigned to each client account.
- A dedicated Client Service Consultant meets with each client on a regular basis to discuss results and answer questions.
- A strong Technical Support Team is available to solve any technical problems or issues.
- A dedicated A/R Follow Up Team stays focused on unpaid balances each day.
- $3 million in E&O Insurance coverage, fidelity insurance coverage (many companies do not have this protection).
- Data Protection includes daily back-ups of your data off site in a secure location, generator back up in case of power outages, dual communication lines.
- Operate in accordance with an approved annually-audited OIG Compliance Plan.
- Medical Malpractice discounts for MAG Mutual insured's up to $1,000 per physician.
- Free EMR interface to our Practice Management System with a three-year billing service contract.
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With MAG Mutual's HIPAA-compliant billing service, many of our customers have significantly increased their revenue and reduced overhead costs. Fewer personnel means reduced medical benefits, dental benefits, vacation pay, sick pay, employer taxes and workers' compensation.
Physicians and their patients are serviced with the care, courtesy and experience you have come to expect from MAG Mutual. For more information, please call MAG Mutual Healthcare Solutions, Inc. at (800) 282-4882, or contact us:
* The annual net collection rate is the total amount paid to the practice, plus contractual adjustments, divided by the total gross charges billed for one year. A fee credit, if due, will be applied to your MMHSI billing
invoice upon completion of 12 months of service. Please call for details. Guarantee effective for new billing service clients through 12/31/07, upon receipt and evaluation of the practice’s contracted fee schedules.
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